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Showing 41 - 50 of 97 results for "Funder"

Sargon liquidators in talks with litigation funder

KANIKA SOOD  |  MONDAY, 15 JUN 2020
... May 22 call to creditors for extra funding to dig deeper into the company's affairs, and are now talking to a litigation funder. On May 22, Wexted Advisors asked Sargon Capital's 23 creditors (who were together owed about $162 million) to contact them ...

Retirement funder adds two new executives

ELIZA BAVIN  |  WEDNESDAY, 27 MAY 2020
... problem for an important cohort of Australians - helping Australians be better off in retirement," Rattigan said. Josh Funder, chief executive of Household Capital, said: "Luke brings demonstrable experience in scaling new and innovative businesses." ...

Government offers guidance provision relief

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
Company directors will not be liable for missing financial guidance targets for the next six months, after the government temporarily amended continuous disclosure provisions to help firms through COVID-19. The amendments, introduced today, ensure companies ...

IOOF settles class action

JAMIE WILLIAMSON  |  MONDAY, 25 MAY 2020
... "speculative and without foundation". Now, IOOF has reached agreement with the law firm, plaintiff and Regency Group as the funder to discontinue the case with no order as to costs. No payment is to be made by IOOF to either party, the group said. "IOOF ...

Litigation funders will need AFSLs

ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
... Australia," Frydenberg said. The amendments are expected to take effect in three months. Australia's largest litigation funder, the merged Omni Bridgeway and IMF Bentham supported the call for regulation last week as the parliamentary joint committee ...

UK asset manager acquires stake in retirement funder

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
A UK asset manager and financial services provider has acquired a 20% stake in a local specialised retirement funder. Household Capital announced the completion of series B financing with Legal & General. Existing and new investors joined Legal & General ...

Retirement funding system failing: Report

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
... been appropriately and effectively made available to improve retirement funding. Household Capital chief executive Josh Funder said: "By helping retirees to better access and responsibly use home equity for retirement funding, several important areas ...

Bank of Mum and Dad forking out serious dosh

ALLY SELBY  |  TUESDAY, 14 JAN 2020
... their children afford a home deposit, according to retirement funding provider Household Capital's chief executive Josh Funder. "For a lot of Baby Boomers they enjoy such great longevity that their children don't get to enjoy their wealth until ...

IOOF expects to reappeal timber case

KANIKA SOOD  |  MONDAY, 30 SEP 2019
... behalf of "covenantholders" but they eventually copped losses. One of the convenantholders, David Kerr backed by litigation funder IMF Bentham demanded that AET pay compensation of over $82 million on behalf of the investors. On Thursday, the Supreme ...

Former IOOF company loses court battle in timber scheme

KANIKA SOOD  |  FRIDAY, 27 SEP 2019
... behalf of "covenantholders" but they eventually copped losses. One of the convenantholders, David Kerr backed by litigation funder IMF Bentham demanded that AET pay compensation of over $82 million on behalf of the investors. "Whilst final orders [from ...