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Showing 61 - 70 of 358 results for "Supreme Court"

Goldsky director charged

ELIZABETH MCARTHUR  |  TUESDAY, 13 APR 2021
... with Goldsky in 2018 and receivers were appointed to wind up the Goldsky companies. Then in 2019, the Queensland Supreme Court declared Goldsky had breached the Corporations Act by operating a financial services business without an Australian Financial ...

NAB MySuper class action heads to Federal Court

JAMIE WILLIAMSON  |  MONDAY, 12 APR 2021
... breaching their duties by delaying the transition of accounts to cheaper MySuper products. On 18 December 2020, the Supreme Court of Victoria ruled the case invalid. A spokesperson for Maurice Blackburn confirmed the case has now been filed in the Federal ...

IOOF subsidiary loses appeal

ANNABELLE DICKSON  |  FRIDAY, 5 FEB 2021
... 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 in 2019 in the S.E.A.S Sapfor Forests Pty Ltd case. AET was appointed as trustee of the S.E.A.S ...

AFCA forced into rule change

ELIZABETH MCARTHUR  |  FRIDAY, 22 JAN 2021
... forced into a rule change regarding its jurisdiction over authorised representatives after a court decision. The NSW Supreme Court ruled in the case of DH Flinders v Australian Financial Complaints Authority that AFCA's rules regarding its jurisdiction ...

QBE takes final hit in FCA test case

ELIZA BAVIN  |  MONDAY, 18 JAN 2021
QBE has lost its final effort to overturn the UK Supreme Court decision against it in relation to policy wording issues, losing its appeal bid in the High Court. The test case was launched by the UK Financial Conduct Authority (FCA) to resolve legal ...

WAM sees court win over Keybridge

ELIZA BAVIN  |  FRIDAY, 8 JAN 2021
... acquire all of the processed shares, even if the Takeovers Panel had not determined the bid to be void." However, the Supreme Court ruled against Keybridge and costs were awarded against the company. "The NSW Supreme Court decision did not accord with ...

IPO Wealth trustee hit with class action

ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
... unitholders in the IPO Wealth Fund, which is currently being wound up by trustee Vasco Trustees after the Victorian Supreme Court ordered that the fund be put into liquidation. The class action alleges, among other things, that Vasco Trustees along with ...

UniSuper wins in court judgement on board

KANIKA SOOD  |  THURSDAY, 10 DEC 2020
The Victorian Supreme Court on Tuesday decided in favour of the $83 billion industry fund after a union asked the court to decide on its rights in nominating a director for the UniSuper board. The Community and Public Sector Union (CPSU) on September ...

Court blocks bid to freeze Phil Kingston's assets

KANIKA SOOD  |  WEDNESDAY, 30 SEP 2020
... and an order requiring him to file an affidavit of his assets, in a notice of motion filed in the New South Wales Supreme Court on September 11 and rejected six days later. To back its request, China Insurance, which was represented by Ashurst Australia ...

IPO Wealth ordered to wind up

ELIZA BAVIN  |  FRIDAY, 18 SEP 2020
The Supreme Court of Victoria has made a winding up order for Mayfair 101's IPO Wealth fund. In response to the decision, Mayfair said it was disappointed with the outcome and believes it will result in negative ramifications for unitholders. The embattled ...