KordaMentha allegedly used confidential information it obtained when it was appointed to review a major Melbourne recycling business to pitch the company as an acquisition target for Cleanaway Waste Management.
The claim was made by a rival advisory business PKF, which was appointed liquidators of SKM when it collapsed in 2019. The lawsuit, filed in the Federal Court last week, threatens to drag in Commonwealth Bank, which had appointed KordaMentha for the review, and Cleanaway, which is publicly listed and at the time was run by businessman Vik Bansal.
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