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Ernst & Young strikes back in Quintis class action
Class Actions June 14, 2019 9:42 pm By Cat Fredenburgh

Ernst & Young, which has been named in a class action over its auditing of sandalwood producer Quintis, has filed cross-claims alleging Quintis should pick […]

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IOOF execs slam APRA for last-minute discovery as trial looms
Financial Services June 6, 2019 7:47 pm By Amelia Birnie

Former executives of wealth manager IOOF facing disqualification proceedings by the Australian Prudential Regulation Authority have criticised the prudential regulator for a late and extensive […]

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Quintis to hand over insurance docs in class actions
Competition & Consumer Protection June 6, 2019 10:23 pm By Cat Fredenburgh

Failed sandalwood oil producer Quintis has agreed to hand over insurance policies showing any coverage for potential liability it or its former CEO may have […]

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Judge signs off on $30M settlement in liquidator’s LM Investment case
Restructuring & Insolvency May 23, 2019 3:16 pm By Christine Caulfield

A Queensland Supreme Court judge has given the green light for a $30 million settlement of a liquidator’s case against failed financial services firm LM […]

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Oaktree places Blue Sky into receivership amid class action threat
Restructuring & Insolvency May 20, 2019 11:05 pm By Cat Fredenburgh

US hedge fund Oaktree Capital has placed fund manager Blue Sky Alternative Investments into receivership, following a tumultuous period marked by the loss of senior […]

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Judge finds real risk of ASIC case against former IOOF exec
Financial Services May 20, 2019 9:05 pm By Amelia Birnie

Former IOOF chairman George Venardos will be allowed to object to incriminating evidence and discovery in proceedings brought by APRA, after a court found there […]

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Class actions still loom as ASIC drops probe into Blue Sky
Class Actions May 15, 2019 9:28 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has dropped its probe into Blue Sky over possible violations of its continuous disclosure obligations, but the fund manager […]

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APRA ordered to hand over ASIC chats about IOOF exec
Financial Services May 14, 2019 9:06 pm By Amelia Birnie

APRA has been ordered to hand over all of its correspondence with fellow regulator ASIC relating to former IOOF chairman George Venardos, as he prepares […]

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Hutchinson Builders resolves case against ACCC over notice to produce
Competition & Consumer Protection May 10, 2019 5:04 pm By Cat Fredenburgh

Private construction company Hutchinson Builders has resolved a lawsuit it brought against the Australian Competition and Consumer Commission seeking to quash what it called an […]

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Quintis class action trial could be two years away, with ASIC case to run first
Class Actions May 9, 2019 9:31 pm By Amelia Birnie

Trial in the class actions against sandalwood oil production company Quintis and its founder Frank Wilson could be delayed for almost two years, while ASIC […]

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