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Showing 21 - 30 of 60 results for "Australian Executor Trustees"

IOOF subsidiary loses appeal

ANNABELLE DICKSON  |  FRIDAY, 5 FEB 2021
... IOOF is set to pay tens of millions in compensation after losing an appeal involving its subsidiary Australian Executor Trustees (SA) Limited. The Court of Appeal dismissed AET's appeal against a decision made by the Supreme Court of New South Wales ...

MSC Trustees wins mandate

JAMIE WILLIAMSON  |  THURSDAY, 2 JUL 2020
... security capital structure, first listed in 2005. In taking on the mandate, MSC Trustees replaces Australian Executor Trustees. MSC Trustees took over the note/debenture book of Sandhurst Trustees, then owned by Bendigo and Adelaide Bank, in 2016. It ...

Sargon buyers announce execs, ditch Sargon name

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
... were confirmed as the new owners of Sargon's operating entities (Diversa, CCSL, Tidswell and the Australian Executor Trustees entities that it bought from IOOF) on May 5. The company hasn't officially revealed the purchase price but Sargon's ...

IRESS advances surprise bid for OneVue

KANIKA SOOD  |  MONDAY, 1 JUN 2020
... this morning. Distribution from the Sargon operating businesses (like Diversa, CCSL, Tidswell and Australian Executor Trustees), which were sold to New York Based Private equity firms, are also subject to uncertainty as the creditors wait for the court ...

Court to decide OneVue claim over Sargon sale

KANIKA SOOD  |  WEDNESDAY, 6 MAY 2020
... claims decided in court. The sale, which was confirmed yesterday includes Diversa, CCSL, Tidswell and Australian Executor Trustees. OneVue yesterday said $29.6 million had been paid into an account controlled by the voluntary administrator for the purpose ...

Sargon trustee businesses sale expected soon

KANIKA SOOD  |  THURSDAY, 26 MAR 2020
... Sargon's agreed to a purchase price of $94.6 million across three assets Diversa Trustees, CCSL and Australian Executor Trustees. OneVue was owed $31 million by Sargon Capital, from when it sold its Diversa Trustees business and CCSL to Phil Kingston's ...

Sargon finds buyer for trustee business

KANIKA SOOD  |  THURSDAY, 27 FEB 2020
... Sargon's agreed to a purchase price of $94.6 million across three assets Diversa Trustees, CCSL and Australian Executor Trustees, which are a part of the sale. The full extent of assets sold is not yet known. EY is also exploring the potential to ...

IOOF expects to reappeal timber case

KANIKA SOOD  |  MONDAY, 30 SEP 2019
IOOF is considering "all available legal options" for former business Australian Executor Trustees, which exposed it to millions in compensation costs after last Thursday's court judgement in the S.E.A.S Sapfor Forests Pty Ltd case. The company notified ...

Former IOOF company loses court battle in timber scheme

KANIKA SOOD  |  FRIDAY, 27 SEP 2019
Australian Executor Trustees (SA) Limited, formerly owned by IOOF, is expected to pay about $80 million after yesterday's court judgement on its conduct as the trustee to a forestry investment scheme. AET was appointed as the trustee of the S.E.A.S ...

Federal Court delivers APRA, IOOF verdict

JAMIE WILLIAMSON  |  FRIDAY, 20 SEP 2019
... Chris Kelaher, did not contravene the SIS Act. The Federal Court also awarded costs in IOOF's favour. Australian Executor Trustees was also subject to the legal action, but was not mentioned in IOOF's ASX statement regarding today's decision. APRA commenced ...