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Receivers can pay priority claims of employees directly, judge rules
Construction 2019-03-20 10:32 pm By Christine Caulfield

Receivers, not just liquidators, can distribute assets to satisfy priority claims of an insolvent company’s employees, a judge has ruled, settling a question of law under the Corporations Act.

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MACH Energy faces $13M lawsuit by second fired exec
Energy & Natural Resources 2019-03-20 12:43 pm By Christine Caulfield

Mach Energy is fighting a second lawsuit by a former director alleging he is owed $13 million in shares under an equity incentive scheme based on the performance of the Mount Pleasant coal project acquired from Rio Tinto in 2016.

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