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Showing 1 - 7 of 7 results for "Court rules"

Federal Court rules against RI Advice in cybersecurity case

JAMIE WILLIAMSON  |  THURSDAY, 5 MAY 2022
The Federal Court has found RI Advice breached its obligations as a licensee by failing to have adequate systems in place to manage cybersecurity risks, leading to several incidents that put client information at risk. In what ASIC says is an Australian ...

Court rules insurers to cover COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 19 NOV 2020
The NSW Court of Appeal has ruled pandemic exclusions are invalid, and insurers will have to cover COVID-19; a ruling that has seen IAG go into a trading halt. IAG entered a trading halt on the back of the news, with the ruling possibly meaning insurers ...

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 ...

Federal Court rules partly in favour of DomaCom

HARRISON WORLEY  |  TUESDAY, 14 AUG 2018
A Federal Court ruling on a potential breach of the Sole Purpose Test has been termed a "milestone" for the SMSF industry, however there are still hurdles to clear before sub-funds are not considered in-house assets or related trusts under the SIS (Superannuation ...

Court rules against S&P in Lehmann Brothers class action

LAURA MILLAN  |  THURSDAY, 8 MAY 2014
A Federal Court judgement against ratings agency Standard & Poor's has cleared the way for Councils, church groups and charities to continue a damage claim relating to Lehman Brothers complex products. Church groups, charities and 91 Councils in Australia ...

Great Southern investors fight back

COMPANY RELEASE  |  FRIDAY, 28 MAY 2010
... Great Southern Finance in the joint promotion of forestry and non-forestry projects to potential investors". "If the court rules that loans obtained by investors from Great Southern Finance could not be enforced, then Bendigo and Adelaide Bank and Javelin ...

Court rules against Henry Kaye company

AAP  |  MONDAY, 15 MAR 2004
The Federal Court has granted an application by the Australian Securities and Investments Commission (ASIC) to wind up a company controlled by rogue property investor Henry Kaye. Justice Ron Merkel ruled that the Kaye company Property Corporate Services ...
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