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Showing 41 - 50 of 325 results for "Supreme Court"

Client drags advice firm, advisers to court

KANIKA SOOD  |  WEDNESDAY, 20 MAY 2020
... proceedings as a result of COVID-19 and then mental health conditions of one of the defendants. However, a New South Wales Supreme Court judge dismissed the most recent application yesterday and the matter will return to hearings on May 25.

Chant West takes Zenith acquisition to court

KANIKA SOOD  |  MONDAY, 6 APR 2020
Chant West Holdings has filed proceedings in the Supreme Court of New South Wales after Zenith Investment Partners' subsidiary last week pulled out of a planned $12 million purchase of its superannuation business. CW Bidco Pty Limited (the Zenith ...

Shortseller ordered to pay $900,000 by court

KANIKA SOOD  |  THURSDAY, 2 APR 2020
The New South Wales supreme court has ordered Bonitas Research and its principal Matthew Wiechert to pay about $900,000 in damages and costs to ASX-listed Rural Funds Management. Texas-based Bonitas, last August, published a report alleging RFF was ...

Former Toys "R" Us executives face fraud charges

ALLY SELBY  |  MONDAY, 16 MAR 2020
... duties in a "selfish gamble" that cost Toys "R" Us more than US$500 million. The case was filed with the New York Supreme Court against defendants David A. Brandon, Joshua Bekenstein, Matthew S. Levin, Paul E. Raether, Nathaniel H. Taylor, Joseph Macnow ...

Short seller bites the dust

KANIKA SOOD  |  THURSDAY, 13 FEB 2020
An activist short seller that accused an ASX-listed agricultural fund of running "scams" was dealt a blow in a Supreme Court judgment handed down yesterday. Texas-based Bonitas Research previously alleged Rural Funds Group (ASX: RFF) was overstating ...

Sargon runs out of steam

KANIKA SOOD, JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
... co-founder Last Wednesday, Sargon co-founder Aron D'Souza dragged Kingston and his other company Trimantium to Supreme Court. D'Souza, who sold his stake in January last year, alleged that Kingston had reneged on deferred payments of about $2 ...

ASIC freezes Sydney advisers' assets

ELIZA BAVIN  |  WEDNESDAY, 6 NOV 2019
The Australian Securities and Investments Commission have obtained consent orders and undertakings in the Supreme Court of NSW against QWL, QWL Asset Management and sole director Ross Hopkins. "ASIC commenced an investigation in relation to allegations ...

Disgruntled chief executive wins $2.7million

KANIKA SOOD  |  WEDNESDAY, 23 OCT 2019
... Limited) to enter into a lease to his advantage without authority and board approval, according to court documents. The Supreme Court of Brisbane on October 11 ruled in Lake's favour and threw out GBST's counterclaim. This came in midst of GBST being ...

IOOF expects to reappeal timber case

KANIKA SOOD  |  MONDAY, 30 SEP 2019
... IMF Bentham demanded that AET pay compensation of over $82 million on behalf of the investors. On Thursday, the Supreme Court of New South Wales said he was entitled to receive equitable compensation from AET in the amounts sought by him ($82.46 million) ...

Former IOOF company loses court battle in timber scheme

KANIKA SOOD  |  FRIDAY, 27 SEP 2019
... Bentham demanded that AET pay compensation of over $82 million on behalf of the investors. "Whilst final orders [from Supreme Court of NSW] are awaited, the Trustee is expected to be awarded compensation of approximately $80 million plus costs, payable ...