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In loss for ASIC, court finds AFSL not needed for Finder’s crypto product
Cryptocurrency 2024-03-14 4:25 pm By Cindy Cameronne

In a loss for the Australian Securities and Investments Commission, a judge has found that comparison website Finder did not need a financial services licence […]

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Block Earner needed financial services licence to offer crypto product, court says
Cryptocurrency 2024-02-09 11:57 pm By Christine Caulfield

Digital currency exchange Block Earner needed a licence to offer its crypto-backed Earner product, a court has found in one of the first decisions on […]

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Crypto is ‘not money’: Finder Wallet fights ASIC case
Cryptocurrency 2023-10-04 9:33 pm By Cindy Cameronne

Finder Wallet has argued it did not need a financial services licence to sell its crypto product Finder Earn because it was not money, but […]

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SMBC mulls new claims in $34M lawsuit over Forum Finance receivables
Financial Services 2023-01-31 3:34 pm By Cindy Cameronne

Japanese bank SMBC has foreshadowed an application to add claims against Humm Group after the fintech’s subsidiary allegedly misled the bank about receivables under contracts […]

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‘Disastrous’ GetSwift class action settlement revised down to $1M
Class Actions 2022-12-20 4:47 pm By Cat Fredenburgh

A $1.5 million class action settlement against failed logistics provider GetSwift, which a judge termed a “disaster”, has been revised down to $1 million and […]

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GetSwift liquidators flag challenge to settlement in ‘disastrous’ class action
Class Actions 2022-11-17 4:18 pm By Cindy Cameronne

Liquidators of failed tech company GetSwift have foreshadowed an objection to a $1.5 million settlement going to shareholders in a class action that a judge […]

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GetSwift class action applicant must ‘bite the bullet’, judge says
Class Actions 2022-11-04 5:15 pm By Sam Matthews

A judge overseeing a shareholder class action against the now failed GetSwift has urged the applicant to decide soon if he will forge ahead with […]

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Astora’s sudden fall into bankruptcy amid pelvic mesh class action ‘troubling’, judge says
Class Actions 2022-10-26 4:55 pm By Cindy Cameronne

A judge has stayed a class action on behalf of 6,000 women allegedly injured by defective pelvic mesh devices after Astora Women’s Health filed for […]

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Pelvic mesh class action halted after Astora files for bankruptcy in US
Restructuring & Insolvency 2022-09-28 3:48 pm By Cindy Cameronne

A judge has paused a class action on behalf of 6,000 women allegedly injured by defective pelvic mesh devices pending determination of an application by […]

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‘No brainer’ that Arrium was failing when directors drew down funds, court told
Restructuring & Insolvency 2022-08-02 11:09 pm By Cindy Cameronne

Several lenders have appealed a ruling that found they failed to prove steel giant Arrium falsified representations on loan drawdown notices ahead of its $2.8 […]

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