Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 131 - 140 of 2448 results for "Court"

ASIC lands special leave against Block Earner

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
ASIC is persevering in its crusade against Block Earner with the Federal Court granting a special leave to appeal an April decision that found that an AFSL was not necessary to offer a fixed-yield digital asset-related product. ASIC said its appeal ...

Allow couples tax-free super splitting: Hume

JAMIE WILLIAMSON  |  FRIDAY, 5 SEP 2025
... balances to be split, typically under family law provisions as part of divorce proceedings. However, this no longer requires a court order, and there is now standard forms and recognised tax treatments of a rollover amount when a marriage or relationship ...

Two CBA class action appeals dismissed

ELIZA BAVIN  |  FRIDAY, 5 SEP 2025
Commonwealth Bank (CBA) has defeated the appeals from the Zonia and Baron shareholder class actions in the Federal Court. The Full Court concluded that the appellants did not prove any loss, and there was no award of damages. The two class actions related ...

ASIC permanently bans convicted investment manager

MATTHEW WAI  |  TUESDAY, 2 SEP 2025
... in November last year, after pleading guilty to two counts of making false documents. Commenting, ASIC deputy chair Sarah Court said the sentence displays ASIC's ongoing efforts to stamp out misconduct. "Mr Trevillian failed to fulfil his legal obligations ...

ASIC piles more charges on Merhi

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... Fund and Shield Master Fund that has put more than $520 million on the line. ASIC said it sought leave from the Federal Court to expand its existing proceeding against Merhi to "allege he engaged in unconscionable conduct, failed to act in the best interests ...

ASIC flags firm grip on private and public markets, super funds

KARREN VERGARA  |  WEDNESDAY, 27 AUG 2025
... superannuation trustees to be more accountable for Australians' retirement savings. "In late 2024 and early 2025, ASIC initiated court proceedings against two super funds over their claims handling practices. In January 2025, we called out trustees for ...

Equity Trustees sued over Shield Master Fund failures

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Equity Trustees will face court over its alleged due diligence failures concerning the Shield Master Fund. ASIC flagged that as a superannuation trustee, Equity Trustees oversaw the investment of around $160 million of retirement savings into Shield ...

Former adviser back in Australia to face theft charges

JAMIE WILLIAMSON  |  MONDAY, 25 AUG 2025
A former financial adviser accused of stealing millions from clients will finally face court after being extradited back to Australia from New Zealand. Marion Pearson allegedly stole $4.1 million from 13 clients between January 2009 and October 2013. ...

Singapore investment firm to add 835 student beds in Perth

MATTHEW WAI  |  MONDAY, 25 AUG 2025
... Curtin University Student Accommodation project via Infranexus. Its platform already manages the concession for the District Court of Western Australia and Southern Cross Station.

ASIC freezes assets of First Mutual Private Equity

MATTHEW WAI  |  FRIDAY, 22 AUG 2025
The Federal Court imposed urgent interim orders to freeze the assets of First Mutual Private Equity (FMPE) and its sole director Gregory Raymond Cotton, with ASIC concerned more than $50 million of investor funds is at risk. ASIC is investigating FMPE ...