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Forge liquidators near settlement in insider trading case against Clough, ex-directors
Liquidators of collapsed Forge Group are close to settling their insider trading case against engineering and construction company Clough and former directors, a court has heard on what was to be the first day of trial.
Construction PRO
Clough directors can’t lift lid on Forge liquidator’s evidence for examination
Directors of engineering company Clough can't set eyes on evidence in support of a successful examination bid by Forge's liquidator, two months before trial in the liquidator's insider trading case.
Continuous disclosure case law may apply in Forge insider trading case, judge says
A judge has left open the question of whether a line of authority relating to the materiality of information under the continuous disclosure regime could be relevant to a stoush between collapsed engineering firm Forge Group and Clough Group, saying the decisions may apply to cases alleging breaches of the insider trading provisions of the Corporations Act.
Ramsay Health wins partial injunction against ‘misleading’ union ads
Ramsay Health Care has won a partial interim injunction banning the union representing its nurses from running ads that claim the private hospital operator runs on a staff-to-patient ratio double that of public hospitals.
Forge Group defeats challenge to insider trading case over $187M sale
Collapsed engineering firm Forge Group has defeated an appeal seeking to block its liquidators from bringing a case against engineering company Clough Limited for alleged insider trading during the 2013 sale of a $187 million stake in the company.
Forge liquidators can expand insider trading case against Clough, directors
The liquidators of Forge Group have won court approval to expand their insider trading case against construction company Clough over the $187 million sale of its stake in the failed engineering and construction firm.
Self-repped Qantas worker deserves ‘liberal and lenient’ treatment, judge says
A judge has declined to throw out a lawsuit brought against Qantas by a self-represented worker who was stood down, saying a "liberal and lenient" approach was needed.
Bombardier must defend multimillion dollar contract spat on WA billionaire’s home turf
Jet builder Bombardier has lost its appeal of a ruling by the Western Australia Supreme Court that it has jurisdiction to hear a multimillion dollar case brought by the company of WA billionaire Tim Roberts over the sale of aircraft to wealthy Australians.
Quintis founder wins unredacted transcripts of ASIC chats with directors
Quintis founder Frank Wilson has won his bid for unredacted transcripts of ASIC examinations with six former directors of the failed sandalwood company.
Twin Quintis class actions squabble about ‘overly complicated’ case
The plaintiffs in one of two shareholder class actions brought against troubled sandalwood producer Quintis have complained about potential delays that could result from the “overly complicated loss theory” being advanced in a parallel class action.