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The former director of collapsed investment advisor Linchpin Capital hit hardest by a judgment disqualifying him and three other directors and levying a combined $390,000 in penalties has filed an appeal.
Four current and former Linchpin Capital directors have been disqualified from heading up companies and hit with a combined $390,000 in penalties, after a judge found they improperly used their positions as directors to line their own pockets.
The Australian Securities and Investments Commission has won its case against four Linchpin Capital directors after a judge found they duped their clients into lining the directors’ pockets and benefitting the parent company.
The Queensland Supreme Court has shot down an "entirely speculative" bid by two Clive Palmer-owned companies to access information held by two law firms and a litigation funder, as the mining magnate mulls a lawsuit for potential breaches of a settlement reached in the Queensland Nickel liquidation proceedings.
A judge has refused to recuse himself from a stoush between litigation funder Vannin Capital and Clive Palmer’s companies over the appointment of a barrister in a claim springing from the long-running Queensland Nickel liquidation case.