Louise Hulmes

Beauty brand McPherson's and its former boss are challenging the regulator's win in a case over disclosures related to sales forecasts for the company's Dr LeWinn's skincare range.

ASIC has won its case alleging health and beauty giant McPherson’s breached its continuous disclosure obligations and engaged in misleading or deceptive conduct by failing to update the market sooner about declining sales forecasts for its Dr LeWinn's skincare line.

After getting the nod from a judge, the trustee for the Dexus bloc of shareholders in airport operator APAC has lodged an appeal of a finding that it committed a material and irremediable breach of the owners' deed.

A judge has ruled that the trustee for Dexus' airport fund is justified in challenging a court decision that forces a compulsory sale of a $4.5 billion interest in the operator of Melbourne Airport.

Insurers have won a challenge to a declaration that engineering firm CIMIC could make claims under policies for costs arising from corruption cases, including a $32 million class action settlement.

A judge has ruled that two Deloitte partners can act as administrators for embattled wealth manager Keystone, replacing two voluntary administrators from KordaMentha, despite an alleged risk of conflict due to past work for the company.

ASIC has won its bid to appoint receivers to a managed investment scheme run by Keystone Asset Management after expressing "grave concerns" that investor funds were used to pay sports stars and buy a $4.3 million home for its former director.

A judge has expressed concern about the Australian Securities and Investments Commission's suspicion that a former director of Keystone Asset Management may have used investor funds to purchase a house in his wife’s name, calling it "alarming".

Gina Rinehart's Hancock Prospecting has failed to persuade a court to hold an expanded separate trial on the alleged wrongdoing of the mining magnate in a spat over the Hope Downs iron ore mine, with a judge finding the proposal could extend the already ten-year legal battle.

Gina Rinehart's Hancock Prospecting has avoided a discovery order that would cost an estimated $3 million to comply with, with a judge instead ordering that limited discovery be given to two Rinehart children in an ongoing family dispute over titles for the Hope Down iron ore mine.