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Showing 1 - 10 of 17 results for "Federal Court hearing"

ASIC cancels AFSL of Australian Fiduciaries

RIDDHIMA TALWANI  |  FRIDAY, 17 JUL 2026
... the assets of the scheme and obtain a clearer picture of the financial position of the firm. Following a Federal Court hearing, receivers were appointed to two related entities of Australian Fiduciaries.

HSBC Bank fined $35m in landmark scam-protection failures

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
... penalty after admitting to widespread and systemic failures in protecting customers from scams. Following a Federal Court hearing in Melbourne on June 18, Justice Bennett handed down the penalty and ordered HSBC to publish adverse publicity notices across ...

First Mutual Private Equity gambled $80m of investor funds: ASIC

ANGELIQUE MINAS  |  MONDAY, 3 NOV 2025
Following a Federal Court hearing, freeze orders against Gregory Raymond Cotton and First Mutual Private Equity (FMPE) have been maintained. The orders were first imposed on August 15 after concerns were raised regarding funds raised from around 400 ...

Receivers appointed to two Australian Fiduciaries entities

JAMIE WILLIAMSON  |  WEDNESDAY, 10 SEP 2025
Receivers have been appointed to two related entities of Australian Fiduciaries following a Federal Court hearing this week. About $167 million is tied up currently, belonging to about 600 investors who placed their retirement savings in the Global ...

Freezing order slapped on First Guardian Master Fund, Falcon Capital

KARREN VERGARA  |  MONDAY, 3 MAR 2025
... or dispose of the properties, as well as withdraw, transfer, or deal with money held in bank accounts. A Federal Court hearing is due to take place on March 14. Furthermore, Falcon is the responsibility entity of the Chiodo Diversified Property Development ...

ASIC takes further action on Prospero

KARREN VERGARA  |  MONDAY, 4 MAR 2024
... Cummins, Jonathon Keenan, and Peter Krejci from BRI Ferrier as joint and several liquidators of Prospero. The Federal Court hearing is scheduled for March 20.

NextGen Financial Group forced into liquidation

KARREN VERGARA  |  MONDAY, 25 SEP 2023
... determination, has applied for it to be wound up after the latter failed to pay more than $270,000 it is owed. The Federal Court hearing is set for October 3 in Melbourne, according to an ASIC notice. Last year, WJ & V Drakoulis Super took NextGen to ...

Blackstone one step closer on Crown deal

ANDREW MCKEAN  |  FRIDAY, 10 JUN 2022
... takeover scheme is now dependent on regulatory approval in Western Australia and following this a final Federal Court hearing. Authority chairperson Philip Crawford said Blackstone had been subject to an extensive probity assessment that examined its ...

Remains of Melissa Caddick found

ELIZABETH MCARTHUR  |  FRIDAY, 26 FEB 2021
... spokesperson said. "ASIC will continue to work with the receivers and provisional liquidators to prepare for the Federal Court hearing listed on 7 and 8 April. ASIC considers the hearing should go ahead as a priority to seek return of funds to investors." ...

ASIC, MLC Nominees and NULIS in court

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
... have been agreed by the parties. Provision has been made for the parties to file further evidence. The next Federal Court hearing in the case is expected on 16 March 2020. ASIC is alleging that NULIS and MLC deducted approximately $33 million plan service ...
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