Joe Hockey’s Bondi Partners has been dragged into the legal dispute at Bubs Australia, with the infant formula company claiming the terms of a $2 million consulting deal with the firm were not disclosed to the board.
Bubs’ former CEO, Kristy Carr, and ex-executive chairman Dennis Lin are suing the company and its current directors in the Federal Court over their dismissal, alleging it was a breach of Fair Work rules.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
