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Payday lender Cigno loses bid to overturn ASIC’s short-term credit lending ban
Appeals 2021-06-29 10:35 pm By Cindy Cameronne

Payday lender Cigno has lost its appeal of a ruling which upheld ASIC’s first product intervention order banning the use of short-term lending models with […]

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ASIC ban of RI Advice financial planner accused of double charging clients sticks
Financial Services 2021-06-16 1:35 pm By Cat Fredenburgh

A tribunal has rejected a bid for review of ASIC’s decision to permanently ban an RI Advice financial planner who was accused of double charging […]

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Findex’s High Court challenge in case against former financial advisor falls flat
Accounting 2021-04-08 4:02 pm By Christine Caulfield

Accounting firm Findex Australia has lost a bid for the High Court to hear its case over a restraint provision against a former financial advisor […]

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Findex can’t enforce ‘convoluted’ restraint clauses against advisor who poached clients, court says
Accounting 2020-10-30 10:23 pm By Miklos Bolza

Accounting firm Findex has lost an appeal of a court’s judgment tossing its case against a former financial advisor, despite the court finding he had […]

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Hiding name of buyer in Antares oil deal a breach of disclosure obligations, court says
Energy & Natural Resources 2020-10-12 8:59 pm By Cat Fredenburgh

In a win for ASIC, a judge has found that former oil and gas company Antares Energy violated its continuous disclosure obligations by failing to […]

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ASIC wins appeal of ruling overturning life ban against financial adviser
Financial Services 2020-07-14 7:00 pm By Christine Caulfield

The Australian Securities and Investments Commission has won its challenge to a tribunal ruling that overturned a permanant ban imposed on a RI Advice Group […]

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Farooq Khan, other directors breached their duties in battle over Keybridge Capital, court says
Corporate 2019-10-14 4:29 pm By Amelia Birnie

Perth-based Farooq Khan has lost a key case in the battle for control over investment firm Keybridge Capital, after a judge invalidated a board decision […]

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Farooq Khan’s Bentley Capital sues Keybridge in latest bid to oust Nicholas Bolton as CEO
Corporate 2019-09-25 10:14 pm By Christine Caulfield

Perth-based Farooq Khan has taken his bitter dispute with activist investor Nicholas Bolton to court, suing Keybridge Capital and two of its four directors ahead […]

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Ashley & Martin’s hair loss treatment contracts unfair, judge finds
Competition & Consumer Protection 2019-09-04 11:43 pm By Cat Fredenburgh

Ashley & Martin signed up 25,000 customers to its hair loss program on contracts that put them on the hook for paying for treatment they […]

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Docs seized in AFP raid of convicted land mogul’s offices can be handed to liquidators
Restructuring & Insolvency 2019-08-07 8:25 pm By Miklos Bolza

The Full Federal Court has dismissed two appeals by convicted land mogul Allen Caratti seeking to prevent liquidators of five of his companies from obtaining […]

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