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Showing 251 - 260 of 355 results for "Supreme Court"

ASIC blocks $2m Storm bonus

MEDIA RELEASE  |  THURSDAY, 5 FEB 2009
... voluntary administration. ASIC said it is "concerned" there is no proper basis for the payment and requested the Supreme Court of Queensland to intervene and have the funds returned to Storm Financial. The court order stops the couple and the firm Emmanuel ...

Basis delays capital return, adds $38m

MICHAEL HOBBS  |  THURSDAY, 9 OCT 2008
... fund Articles of Association to allow for a partial return of shareholders' capital quicker. This news follows the Supreme Court of New South Wales judging in favour of a BT Financial Group led action to force Basis Capital to repay $23 million to investors ...

ASIC freezes $1m investor funds

MICHAEL HOBBS  |  TUESDAY, 16 SEP 2008
... protecting more than $1 million invested in an alleged illegal investment scheme after gaining an interim order from the Supreme Court of New South Wales. The court order freezes offshore securities trading accounts in the Secured Bond Master Fund scheme ...

Basis to repay $23m

MICHAEL HOBBS  |  WEDNESDAY, 30 JUL 2008
... for units in Basis Capital funds in June last year are closer to receiving more than $23 million back after the Supreme Court of New South Wales judged in their favour. The judgement includes investors in the Basis Yield and Basis Aust-Rim Opportunities ...

Super trustee faces ASIC probe

RUTH LIEW  |  WEDNESDAY, 12 MAR 2008
The Australian Securities and Investments Commission (ASIC) obtained orders by consent in the Supreme Court of New South Wales yesterday against Fenumiai Solofuti of Campbelltown, New South Wales. These orders follow ASIC allegations that Solofuti was ...

ASIC closes Risqy Forex scheme

RUTH LIEW  |  MONDAY, 3 MAR 2008
The Australian Securities and Investments Commission (ASIC) has obtained orders in the Supreme Court of Queensland in Brisbane to close an illegal managed investment scheme involving $14.5 million being operated by unregistered New Zealand-based Risqy ...

CommBank buys IWL

CHRIS NICHOLLS  |  MONDAY, 12 NOV 2007
... dismissing the company's board and replacing chief executive Otto Buttula. The purchase became final after the Victorian Supreme Court authorised court orders lodged by IWL on Friday. IWL will initially be a subsidiary of the Commonwealth Bank, before ...

Cairns planner jailed for fraud

CHRIS NICHOLLS  |  MONDAY, 5 NOV 2007
... eligible for parole on November 1 2009. The case dates back to September 2002, when ASIC obtained interim orders in the Supreme Court of Queensland in Cairns to appoint an interim receiver to an unregistered, managed investment scheme, operating as Drury ...

AUI expands retail arm

MICHAEL HOBBS  |  WEDNESDAY, 31 OCT 2007
... HortonAndrews was previously employed in the legal division at ASIC and worked as a barrister and solicitor at the Supreme Court of Victoria and the High Court of Australia. Farrar previously worked as head of business development at Neville Ward Direct ...

Planning business gives teachers bad advice

HAMISH MADDEN  |  TUESDAY, 15 MAY 2007
... targeting teachers has been found guilty of providing super switching advice that was misleading or deceptive. The Supreme Court of New South Wales found First Capital Financial Planning, under the business name Edplan, did not have a reasonable basis ...