‘This pleading is a mess’: Judge slams liquidators’ case against Forge directors and auditors

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Restructuring & Insolvency August 16, 2019 4:11 pm By Amelia Birnie

A judge has sent insolvency firm Ferrier Hodgson back to the drawing board to redraft its pleadings against the former directors and auditors of collapsed construction company Forge Group, warning that the overlapping actions were at risk of becoming an “unrideable bull”.

‘A degree of chaos’: Judge questions IAG common fund as High Court decision looms
Insurance August 16, 2019 8:48 pm By Miklos Bolza

A judge has questioned a common fund application in a class action against two IAG entities over allegedly worthless add-on insurance, saying there may be a “degree of chaos” if the order was approved only to be undone by a pending High Court decision.

Winery fined for infringing Penfolds trade mark goes into liquidation
Intellectual Property August 16, 2019 8:08 pm By Miklos Bolza

An Adelaide-based wine exporter which was fined $352,000 for infringing three trade marks of a Treasury Wine Estates unit has been ordered into liquidation by the Victorian Supreme Court.