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Showing 541 - 550 of 816 results for "Judge"

S&P, ABN Amro appeals rejected in landmark ruling

MARK SMITH  |  THURSDAY, 24 JUL 2014
Standard & Poor's, ABN AMRO (now RBS) and Local Government Financial Services (LGFS) will not be allowed to appeal a Federal Court ruling in favour of 12 local councils who suffered losses on investments they administered in the wake of the financial ...

CBA whistleblower casts doubts over compensation scheme

LAURA MILLAN  |  THURSDAY, 24 JUL 2014
... 'you have no claim'," he added. Speaking about the bank's move to set up an independent review panel headed by High Court judge Ian Callinan, he predicted that "most clients are not going to make it that far." "What you need is a scheme that's right ...

Retired High Court judge to chair CBA review panel

LAURA MILLAN  |  FRIDAY, 11 JUL 2014
... renowned Queen's Council (QC), with an extensive practice across Australia. In January this year, Callinan became an ad hoc Judge of the International Court of Justice (ICJ). CBA announced the Open Advice Program a week after the Senate Economics Committee ...

Federal Court judgements contradictory on adviser liability

LAURA MILLAN  |  MONDAY, 7 JUL 2014
The Federal Court has issued two separate and contradictory judgements that cast a doubt over financial advisers' proportionate liability when facing client legal claims. Within less than one month, the Full Court of the Federal Court has judged the ...

Governor Glenn lets his jaw drop

BENJAMIN ONG  |  MONDAY, 7 JUL 2014
Reserve Bank of Australia (RBA) Governor Glenn Stevens was in Tasmania letting it all rip at the same time that most of us were co-celebrating Dow 17K with our American brethrens on 'Independence Day' eve. On 3 July, Governor Glenn spoke before 'The ...

S&P denied appeal over landmark ruling

MARK SMITH  |  WEDNESDAY, 25 JUN 2014
Ratings agency S&P has been denied leave to appeal a Federal Court ruling in favour of 91 council, charities and church groups which lost at least $180 million when AAA-rated investments went sour in the wake of the global financial crisis. The judgement ...

2014 MAX Award Winners and Finalists

MICHELLE BALTAZAR  |  MONDAY, 23 JUN 2014

FWC halts default super review

JAMES FERNYHOUGH  |  WEDNESDAY, 11 JUN 2014
The Fair Work Commission (FWC) has said it will halt its selection of MySuper funds as default funds under modern awards, after the full Federal Court found the expert panel was incorrectly constituted. In a statement released yesterday the president ...

Investors beware IPOs

STAFF WRITER  |  WEDNESDAY, 11 JUN 2014
... looking to list. For some it is because the listing is based on a promise of future success, and without a track record to judge by, we take the view that no matter how compelling the promise, we prefer to wait and see," he said. Gray explained that ...

FSC and ISA both claim Federal Court victory

JAMES FERNYHOUGH  |  TUESDAY, 10 JUN 2014
Both the Financial Services Council (FSC) and Industry Super Australia (ISA) have claimed a victory in the Federal Court, even though the court's orders essentially uphold the FSC's objections. At the end of Friday's hearing over the composition of ...