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Showing 111 - 120 of 359 results for "Supreme Court"

ASIC bans former Avestra directors

ALEX BURKE  |  WEDNESDAY, 17 MAY 2017
... investigation has led to the winding up of another investment manager: Courtenay House Capital Trading Group. The Supreme Court of NSW has made consent orders and appointed Grant Thornton to liquidate two Courtenay House companies. These orders follow ...

Adviser contravenes FoFA obligations

EMMA RAPAPORT  |  MONDAY, 20 MAR 2017
... counts of fraud under s408c of the Queensland Criminal Code. In 2015, ASIC filed a successful application in the Supreme Court of Queensland alleging that Munro breached s911A of the Corporations Act by carrying on a financial services business without ...

Estate agents to become RG146 certified

JAMIE WILLIAMSON  |  TUESDAY, 14 MAR 2017
... provision of a course for real estate agents in regards to property advice after an October 2015 decision by the Supreme Court of NSW against Park Trent Properties Group regarding advice provided by agents as it relates to SMSFs. Discussing the new certification ...

Federal Court dismisses ASIC allegations

ALEX BURKE  |  TUESDAY, 3 JAN 2017
... representing about 12,000 domestic and offshore investors. Of that amount, $400 million was invested in LPF. The Queensland Supreme Court ordered Drake to surrender his passport in 2013 and froze his assets; ASIC at the time alleged that he "used his ...

Trump and Brexit comes back to haunt

BENJAMIN ONG  |  FRIDAY, 4 NOV 2016
... parliamentarians. According to latest reports, the May government will appeal the decision and expected to be resolved by the Supreme Court next month. These uncertainties may prove the certainty of the "January effect". This holds that the stock market's ...

Court blocks IOOF class action

JAMIE WILLIAMSON  |  MONDAY, 31 OCT 2016
A proposed class action against IOOF has been rejected by the Victorian Supreme Court. Law firm Maurice Blackburn has agreed to orders prohibiting it from proceeding with the proposed law suit, commenced in December 2015 on behalf of tens of thousands ...

Macquarie cops fine over van Eyk

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2016
... admission to the mismanagement of the van Eyk Blueprint International Shares Fund (VBI Fund). On Tuesday, the NSW Supreme Court ordered Macquarie Investment Management (MIM) to pay $400,000 to the corporate regulator and also contribute $200,000 towards ...

Unlicensed product adviser receives four year ban

KERRIE SYDEE  |  THURSDAY, 28 JUL 2016
... services business. Ronald Cross, chief executive and director of Park Trent Properties Group was banned after the Supreme Court of NSW found Park Trent had unlawfully carried on an unlicensed financial services business for over five years by advising ...

Court dismisses AMP appeal for China fund EGM

ALEX BURKE  |  MONDAY, 25 JUL 2016
... to its voting rights at the AMP Capital China Growth Fund (AGF) extraordinary general meeting this Thursday. The Supreme Court had previously decided that AMP Life, which holds roughly 36% of units in AGF, would be unable to vote on various solutions ...

AMP gets court date for China fund appeal

ALEX BURKE  |  TUESDAY, 19 JUL 2016
AMP Life has been given a hearing date for its appeal of the Supreme Court ruling preventing it from voting on resolutions at the AMP Capital China Growth Fund (AGF) extraordinary general meeting. The Supreme Court decided on June 22 that AMP Life ...