Slater and Gordon expected to avoid collapse
Financially distressed listed law firm Slater and Gordon is expected to avoid collapse after confirming that its new senior lenders are supportive of a restructure of the company.
Sarah is a business courts reporter based in Melbourne.
Financially distressed listed law firm Slater and Gordon is expected to avoid collapse after confirming that its new senior lenders are supportive of a restructure of the company.
The plan to rescue Slater and Gordon is under way after its major bankers on-sold their debt to distressed-debt buyers, paving the way for a restructure.
Top lawyer has called for new and novel ways to contact shareholders and consumer of products who might have a windfall from a class action.
The competition watchdog's case against Medibank over the company's alleged secret plan to sting customers with out of pocket hospital costs has hit a stumbling block, after the judge hearing the matter questioned a key plank of the law suit.
Medibank Private geared up its call centres for customer blow back after it secretly changed its cover for health tests in hospital, a court has heard.
Medibank has been accused of misleading and deceptive conduct by the competition watchdog.
On a spring day in 2015, criminal lawyer Robyn Richardson was driving her Audi A3 down a Sydney freeway when she heard news that nearly made her slam on the brakes.
The boss of one of Australia's biggest banks has used International Women's Day to declare the company has closed the gender pay gap.
Westpac chief executive Brian Hartzer has been pulled up on his company's stance on public reporting of bad bank behaviour and its practices in selling superannuation products as he fronted the parliamentary committee reviewing the big four banks.
Senior executives within ANZ's institutional bank including the former managing director all resigned at around the same time the bank was subject to an investigation by the corporate watchdog over the alleged rigging the bank bill swap rate by traders at the bank.
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