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Showing 851 - 860 of 2458 results for "Court"

FS team picks: The top stories for 2020

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... change seriously and doing enough to measure the impact of climate change on investments. The fund and McVeigh settled out of court, with McVeigh basically getting everything he wanted. Industry funds team up in longevity search Financial Standard revealed ...

ASIC takes action on Union Standard

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... representatives, Maxi EFX Global (EuropeFX) and BrightAU Capital (TradeFred which went into liquidation on March 10), in the Federal Court. ASIC alleges Union Standard breached a number of regulations. Among them were providing personal advice without ...

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 ...

Rest develops ethical option

JAMIE WILLIAMSON  |  MONDAY, 14 DEC 2020
... returns. The work to develop an ethical option follows the super fund's landmark trial in which McVeigh took the fund to court to uncover what Rest was doing to manage climate change risk. After more than two years, the case was dismissed in November ...

360 Capital raises bid for Evans Dixon

KANIKA SOOD  |  FRIDAY, 11 DEC 2020
... troubles with its American real estate fund. Its troubles did not stop. On September 4, ASIC announced it had initiated Federal Court proceedings against an Evans Dixon subsidiary over advice it provided, pushing down shares over 12% by noon. The firm ...

Mayfair 101 heads to mediation

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
In what seems to be a win for the embattled business, the federal court has consented to Mayfair 101's request that a mediation be ordered in proceedings brought by ASIC. "Today's court outcome is a big win for our investors. This matter should have ...

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 ...

Moelis to create hospitality precinct

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
Moelis Australia has acquired two adjoining pubs in Sydney with the aim to transform the location into a hospitality precinct. Moelis has exchanged contracts to acquire Darlinghurst pubs, Kinselas Hotel for $45 million and the Courthouse Hotel for $22 ...

ASIC takes iSignthis to court

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
ASIC alleges iSignthis breached the Corporations Act by failing to disclose material information in relation to three integration arrangements and failing to tell the ASX that VISA terminated its relationship over suspicious transactions. The corporate ...

Director charged with dishonest conduct

ANNABELLE DICKSON  |  FRIDAY, 4 DEC 2020
The Melbourne Magistrates Court has charged a man with seven counts of dishonest conduct following a referral from the Australian Securities and Investments Commission (ASIC). In addition to the seven counts, Mudasir Mohammed Naseeruddin as also charged ...