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Showing 601 - 610 of 687 results for "Proceedings"

SocGen exec quits after insider trading probe

RUTH LIEW  |  MONDAY, 10 AUG 2009
... Day - a non-executive director of SociA(C)tA(C) GA(C)nA(C)rale - said they had received letters of grievance opening proceedings before the Sanctions Commission of the AMF for insider trading. Both Day and Mustier reject these allegations, noted a press ...

ASIC approves Opes Prime settlement

ASIC RELEASE  |  WEDNESDAY, 5 AUG 2009
... the Opes Prime liquidators and the Opes Prime clients must release Merrill Lynch and ANZ from all claims and legal proceedings. Subject to any appeal against today's decision and compliance by ANZ and Merrill Lynch with their obligations, ASIC will release ...

Timbercorp investors get $50k aid

RUTH LIEW  |  MONDAY, 13 JUL 2009
... also appointed forensic accountants and an insolvency expert to advise the dealer group on Timbercorp's liquidation proceedings. More recently, the group hired forensic accounting guru Paul Sweeney from SV Partners. "We're realists, but we believe that ...

ASIC bans Firepower adviser

ASIC RELEASE  |  FRIDAY, 10 JUL 2009
... of Sagecorp Securities between December 2003 and December 2006. Ward can appeal ASIC's decision. ASIC started civil proceedings in the Federal Court of Australia against entities associated with Firepower Holdings Group in July 2008. These entities included ...

Timbercorp buy passes sole purpose test

RUTH LIEW  |  MONDAY, 6 JUL 2009
... growers," said the consortium in a letter to Timbercrop forestry growers. Meanwhile Timbercorp Finance has started court proceedings to claw back some $15 million from investor growers who have defaulted on their loans from the firm. Last Friday law ...

IMF Australia targets Great Southern

MICHAEL HOBBS  |  THURSDAY, 18 JUN 2009
IMF Australia has agreed to fund legal proceedings on behalf of Great Southern Cattle projects against companies and various directors within the agribusiness fund manager. The planned litigation will be a group action in the Supreme Court of Western ...

Asset Super completes intl mandates review

RUTH LIEW  |  MONDAY, 15 JUN 2009
... our investment performance". The $1.1 billion super fund planned the restructure late last year but the GFC delayed proceedings. The transition was started last month and has now been largely completed.

FPA and Bannister Mansfield settle in court

MICHAEL HOBBS  |  FRIDAY, 22 MAY 2009
... financial planning firm's director, Gavin Murphy, has apologised for the ads placed in the media. The FPA started proceedings in the Federal Court of Australia in early February after Bannister Mansfield placed allegedly "misleading and deceptive advertisements" ...

Perpetual starts legal proceedings to claim funds

MICHELLE BALTAZAR  |  THURSDAY, 14 MAY 2009
Perpetual Trustee Company has started legal proceedings in the UK on behalf of more than 1,000 retail investors who invested in $125 million worth of credit-linked Mahogany Capital notes that were sold by Grange Securities. Perpetual, the security trustee ...

James Hardie a case study on governance

ASIC RELEASE  |  FRIDAY, 24 APR 2009
Yesterday's civil proceedings against seven former non-executive directors and three former executives of James Hardie is a "landmark decision" in Australian corporate governance, said ASIC. The Australian Securities and Investments Commission (ASIC) ...