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Showing 1 - 10 of 39 results for "Supreme Court of Victoria"

MLC trustees to pay $65m in MySuper class action settlement

JAMIE WILLIAMSON  |  FRIDAY, 6 DEC 2024
... commissions to financial advisers that would have been banned in a MySuper option. In December 2020, the Supreme Court of Victoria ruled the case invalid saying prospective losses are not considered a loss under s 55(3) of the SIS Act. The case was then ...

Sequoia chair steps down

KARREN VERGARA  |  FRIDAY, 19 APR 2024
... audit committee. Separately, Tim McGowen recently slapped a defence and counterclaim on Sequoia in the Supreme Court of Victoria. McGowen is the managing director of Informed Investor, ShareCafe, and Corporate Connect Research - all of which Sequoia ...

Mayfair 101 regains control of assets, liquidators abandon claims

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
... which the liquidators abandoned all claims against Mawhinney and his companies. It was approved by the Supreme Court of Victoria in November of that year, but its terms remained confidential as part of a silencing order placed on Mawhinney. Under the ...

Escala loses bid to restrain former executives

KARREN VERGARA  |  FRIDAY, 13 OCT 2023
... moved to LGT Crestone Wealth Management from working in financial services and soliciting clients. The Supreme Court of Victoria rejected Escala's application for interlocutory injunctions regarding the departure of its former investment advisers ...

NAB MySuper class action heads to Federal Court

JAMIE WILLIAMSON  |  MONDAY, 12 APR 2021
... 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 Court. At ...

Court blocks bid to freeze Phil Kingston's assets

KANIKA SOOD  |  WEDNESDAY, 30 SEP 2020
... judge noted. Kingston last Friday was successful in moving the proceedings to Commercial Court of the Supreme Court of Victoria.

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 ...

Details of Mayfair's default revealed

ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
... according to court filings. Filings from Vasco Trustees, the trustee for the IPO Wealth Fund, in the Supreme Court of Victoria revealed a timeline of trouble for embattled Mayfair. Vasco says Mayfair 101 Holdings owes $76,965,000 excluding interest and ...

WAM pulls out of takeover deal

ALEX BURKE  |  MONDAY, 8 JAN 2018
... for 50% of these costs. As a result, WAM Capital has withdrawn its takeover offer. A month ago, the Supreme Court of Victoria dismissed an application from Keybridge Capital, which had submitted its own takeover proposal for Molopo. Keybridge had commenced ...

Court shuts down listed investment manager lawsuit

ALEX BURKE  |  FRIDAY, 8 DEC 2017
The Supreme Court of Victoria has dismissed an application from a listed investment manager who was attempting to restraint Molopo Energy from acquiring further shares in a Florida oil and gas exploration company. Keybridge Capital had commenced proceedings ...
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