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Showing 291 - 300 of 394 results for "Justice"

FSC and ISA both claim Federal Court victory

JAMES FERNYHOUGH  |  TUESDAY, 10 JUN 2014
... the composition of the Fair Work Commission (FWC) superannuation Expert Panel, the judges made two orders: first, that Justice Iain Ross's appointment of himself to the panel was invalid, and that the panel is currently incorrectly constituted according ...

Federal Court hears FSC's complaints against FWC

JAMES FERNYHOUGH  |  FRIDAY, 6 JUN 2014
... which the FSC says does not conform to rules in the Fair Work Act. In particular, the counsel argued that FWC president Justice Iain Ross's appointment of himself as an expert on the panel, saying this was against the rules. When asked whether Justice ...

Federal Court finds S&P guilty in landmark ruling

MARK SMITH  |  FRIDAY, 6 JUN 2014
... debt obligations, or CPDOs, that were arranged by ABN AMRO, rated AAA by S&P and sold by LGFS in 2006. In her judgment, Justice Jayne Jagot said a reasonably competent ratings agency could not have rated the product AAA. She went on to say that the rating ...

Ross signals he will step down from Expert Panel

JAMES FERNYHOUGH  |  THURSDAY, 5 JUN 2014
Justice Iain Ross has told the Financials Services Council (FSC) he will step down from the Fair Work Commission (FWC) superannuation Expert Panel if a new expert member is appointed. Ross, who is president of the FWC, made the statement in response ...

FSC puts pressure on Ross ahead of FWC court hearing

JAMES FERNYHOUGH  |  TUESDAY, 3 JUN 2014
... Panel member?" The rules require there to be three experts on the superannuation panel. Currently one of those experts is Justice Iain Ross himself. The FSC maintains that his status as 'expert' is invalid as the rules say you cannot simultaneously be ...

OMFG! Australia could lose an A

BENJAMIN ONG  |  TUESDAY, 20 MAY 2014
... on structured investments, was it not? I don't know what has happened to S&P's appeal against Australian Federal Court Justice Jayne Jagot's ruling against the agency in November 2012. Standard & Poor's and two other defendants who were ordered to pay ...

Court rules against S&P in Lehmann Brothers class action

LAURA MILLAN  |  THURSDAY, 8 MAY 2014
... of process, that it had no prospect of success and that S&P should not be required to submit to the Australian courts. Justice Stephen Rares rejected all three arguments and stated that the claimants had an arguable case. He also considered that S&P ...

Better ASIC-AFP relationship could lead to more prosecutions

LAURA MILLAN  |  MONDAY, 24 FEB 2014
... Economics Reference Committee has heard. ASIC officials admitted that there was scope for a more efficient delivery of justice during the Senate Economics Reference Committee public hearing on the inquiry about the performance of the regulator. ASIC ...

Tarrant appeals AAT banning order

LAURA MILLAN  |  FRIDAY, 24 JAN 2014
... wilful, breach," the tribunal said. Tarrant will now appeal this decision on the grounds that former ALP Attorney General Justice Duncan Kerr has denied him "procedural fairness, as well as, natural justice and has made a number of errors of law including ...

Trio victims condemn Astarra director jail release

LAURA MILLAN  |  FRIDAY, 24 JAN 2014
... time the uncompensated victims have struggled to make ends meet, some have passed away, others have been retrenched and justice has still not been done." He criticized the Australian Securities and Investment Commissions (ASIC) decision to charge Richard ...