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Showing 961 - 970 of 2459 results for "Court"

Keybridge takes WAM to court

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... transferred Keybridge shares into its own name. According to Keybridge's filing, it commenced proceedings in the Supreme Court of NSW in relation to the improper transfer by WAM Active of over 16 million Keybridge shares from 96 shareholders. Additionally ...

Clime buys Madison Financial Group

KANIKA SOOD, JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUN 2020
... Limited (ChinaTaiping), a Chinese state owned financier that is a creditor of Sargon Capital Pty Ltd, or alternatively a court order to permit the sale," OneVue said in June 1 filings. The buyer, Clime Investment Management has been in a trading halt ...

Super withdrawals being misused

ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
New research has revealed 40% of those who accessed their superannuation early did not see any drop in their income during the COVID-19 pandemic. The data released by Illion and AlphaBeta, part of Accenture, shows that early superannuation withdrawal ...

Details of Mayfair's default revealed

ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
... concerns about the financial position of Mayfair 101 for months before receivers were appointed to IPO Wealth, according to court filings. Filings from Vasco Trustees, the trustee for the IPO Wealth Fund, in the Supreme Court of Victoria revealed a timeline ...

IRESS advances surprise bid for OneVue

KANIKA SOOD  |  MONDAY, 1 JUN 2020
... the sale is completed, the competing claims to proceeds of the Madison sale will be either resolved by agreement or by a court determination. Madison's sale was due to be finalised in May. This morning OVH said the sale terms have been agreed in principal ...

Sargon liquidators want to dig deeper

KANIKA SOOD  |  FRIDAY, 29 MAY 2020
... claim value on Sargon Capital's assets to be $70.5 million, after estimating that Taiping will be able to recover from court proceeds and other recoveries about $20 million. "The likelihood of a dividend to unsecured creditors is contingent on voidable ...

ASIC bans Linchpin directors

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAY 2020
... detriment to members of the Investport Income Opportunity Fund. In March last year, ASIC obtained orders in the Federal Court against Linchpin and Endeavour for contravening multiple provisions of the Corporations Act while operating two managed investment ...

Grow Super co-founder in alleged betting scandal

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAY 2020
... Force confirmed that two men, aged 29 and 31, were charged in relation to Strike Force Mirrabei. "Police will allege in court that the men placed bets on the 2019 Dally M Coach of the Year Award winner with prior knowledge of the result," NSW Police ...

Open banking accreditation now open

ALLY SELBY  |  WEDNESDAY, 27 MAY 2020
... between approved participants; and to provide a portal where businesses can apply to be accredited". ACCC commissioner Sarah Court said the launch of the platform was the first step towards reshaping the banking industry in Australia. "This launch of ...

High Court rules against Fortescue

ELIZA BAVIN  |  MONDAY, 25 MAY 2020
The High Court in London has lifted an interim injunction preventing news organisations from publishing details of price discounts offered in the low-grade iron ore market by Australian mining giant Fortescue Metals Group (FMG). FMG had applied for ...