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Receivers can pay priority claims of employees directly, judge rules
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.
Prosecutors aim at ‘significant reduction’ in charges in Country Care cartel case
The Commonwealth Department of Public Prosecutions has told the Federal Court it will "very significantly" reduce the number of criminal charges laid against mobility equipment supplier Country Care Group as the landmark cartel case heads to trial in October.
Clive Palmer’s wife can’t dodge liquidators’ grilling over Mineralogy’s assets
Liquidators for the failed Queensland Nickel will be able to interrogate Clive Palmer's wife over the assets of her husband's other company, Mineralogy, after telling a court they feared Palmer was squandering company funds on his political campaign.
Judge got the maths wrong in awarding $5.6M for accounting error, Pitcher Partner says
A judge who hit Pitcher Partners with a $5.6 million damages ruling over an accounting error concealed from corporate client Neville's Bus Service was wrong to hold that the transport operator's losses flowing from the error were real, the firm has argued.
AFT agrees to temporary injunction over new Maxigesic ads
AFT Pharmaceuticals has agreed to a court order temporarily restraining it from distributing point of sale material containing updated claims that its painkiller Maxigesic is more effective than other over-the-counter medications.
Aft goes on the offensive, files lawsuit over new Maxigesic ads
AFT Pharmaceuticals has filed a lawsuit seeking to pre-empt competitor Reckitt Benckiser from pursuing a lawsuit against it over recent ads for its painkiller Maxigesic.
Former MP Ian Macdonald gets conviction overturned
A five-member appeals panel in the NSW Supreme Court has overturned former NSW Labor Minister for Mineral Resources Ian Macdonald's conviction for wilful misconduct of public office in relation to the Doyles Creek Mining scandal.
Judge makes ‘irresistible’ order that Pitcher Partners pay $3.3M in costs over hidden error
Pitcher Partners just found another reason to challenge a ruling that it owes $5.6 million in damages for concealing an accounting error from a client -- a ruling that socks it with $3.3 million in legal costs for its "deceit".
AFT not ready to take its medicine for ‘misleading’ Maxigesic ads
AFT Pharmaceuticals has launched a partial challenge to a court ruling that its Maxigesic ads made a number of misleading claims, including that the drug provides stronger and more effective relief than Reckitt Benckiser's Nuromol.
Pitcher Partners appeals $5.6M damages award over concealed accounting error
Accounting firm Pitcher Partners will challenge a ruling that it owes a NSW bus operator $5.6 million in damages for fraudulently concealing a costly amortisation error.