KPMG and Paul Toole expected to take the stand.
Tag: legal-action
Baird pokes the bear: Alan Jones on the warpath over council mergers
Enemies in high places.
Supreme Court forces NSW government to hand over council merger report
“Outrageous abuse of government power”: Ku-ring-gai Mayor.
NSW forced merger reports suppressed
More councils enter legal fray over mergers.
Lawyers give Brimbank councillors the green light
By Staff Writer Councillors from Brimbank have been given the green light by lawyers to proceed with a legal challenge against their sacking by the Local Government Minister, Richard Wynne,…
Councils given green light to pursue lost investments
By Angela Dorizas A ruling by the Federal Court has cleared the way for councils to pursue legal action against collapsed US investment bank Lehman Brothers. The Federal Court found…
Federal Court upholds Lehman Bros appeal
By Angela Dorizas The Federal Court has upheld an appeal by the administrators of Lehman Brothers Australia to block Wingecarribee Shire Council’s access to the company’s insurance documents. The council…
Council digs for Lehman’s insurance policies
Wingecarribee Shire Council is seeking to recoup losses made from CDO investments. Image: iStock By Angela Dorizas Wingecarribee Shire Council in New South Wales has won the right to proceed…
Call for councils to sue for lost investments
By Angela Dorizas Councils that have lost funds through high-risk investments in structured instruments, including collaterised debt obligations (CDOs), may have a litigation case against financial advisers and rating agencies,…