Keybridge CEO Nick Bolton has won a stay of orders ending the company’s administration as he appeals that ruling and another that found he and two other directors were validly removed and replaced at a board meeting.
After running a successful campaign to remove three board members, major Keybridge shareholder WAM Active has convinced a court to end the investment company’s administration after it provided a letter of comfort and offer to fund its debts.
Hastie’s special purpose liquidators have won court approval to enter into a further funding agreement as it pursues cases against Hall & Wilcox, which previously represented the collapsed engineering firm.
A judge has found that three directors at ASX-listed investment firm Keybridge Capital were validly removed and replaced at a meeting last month.
A developer is on the hook for $2.6 million after a court found he misappropriated a tax refund associated with a scheme to develop property in Spring Farm, NSW and put it towards a luxury Sydney home in his wife’s name.
The heir to a Queensland concrete empire has been granted access to Neilsen Group’s books following a dispute with her brother over the company’s operations that resulted in her appointment as a director.
A judge has rejected a shareholder’s bid to wind up investment firm Keybridge Capital, but allowed it to bring a derivative suit over a $4.75 million advance used for a director to purchase a Lake Como property.
An appeals court has found that a claim by indie duo Angus & Julia Stone alleging their former talent management company owes $2.8 million in overcharges should proceed in a UK court.
A Queensland builder has been hit with $8.7 million in damages after residents of its townhouse development in Tweed Heads South, NSW suffered damage from defective waterproofing.
A property developer has been ordered to pay $11.2 million to the liquidators of Plutus Payroll after a judge found he helped an employee of the defunct payroll services company “wash” money he blackmailed from the company’s directors.