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ASIC ban on OTC derivatives trader halved on appeal
A tribunal has halved an eight-year ban imposed on a former manager of over-the-counter derivatives provider Trade360, accepting that he did not have actual knowledge of the company's contraventions.
Construction PRO
Monarch Tower liquidator can’t bring late voidable transaction cases
The liquidator for collapsed property developer Monarch Tower has lost its appeal seeking an extension of time to bring voidable transaction claims said to be worth $27 million against 13 individuals and companies.
Judge puts kibosh on first hearing of new serious harm test in coach’s defamation case
A judge has called off a pre-trial hearing to determine whether the new serious harm element in Australia's defamation laws is satisfied in a case brought by a weight lifting coach, citing an “unfortunate turn of events".