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High Court says class action shareholders can quiz directors of failed companies
Restructuring & Insolvency 2022-02-16 10:27 am By Christine Caulfield

In a boost to securities class actions, the High Court has ruled that directors of collapsed companies can be subjected to public examination by shareholders […]

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High Court to decide if class action shareholders can publicly grill directors
Restructuring & Insolvency 2022-02-11 11:59 pm By Christine Caulfield

A case before the High Court could have major implications for company directors, giving shareholders in class actions the power to drag them before court […]

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Law firms earned $68M for defending lawsuits over collapse of Dick Smith
Restructuring & Insolvency 2022-02-11 11:15 pm By Christine Caulfield

The law firms and barristers who defended former Dick Smith directors in sprawling litigation over the failure of the electronics retailer earned close to $68 […]

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Forum Finance director can’t block receivers from selling waterfront homes
Restructuring & Insolvency 2022-02-09 5:43 pm By Christine Caulfield

Forum Finance director Vince Tesoriero has lost a battle to stop receivers from selling luxury properties in which he and Bill Papas hold a stake […]

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Forum director Tesoriero questions sale of Papas’ Sydney residence
Restructuring & Insolvency 2022-02-04 12:34 pm By Cat Fredenburgh

Forum Finance director Vince Tesoriero has raised concerns about the validity of the sale of a $4 million home in Sydney inner-West suburb Rozelle where […]

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Mayfair 101 appeals $30M judgment in ASIC’s misleading advertising case
Financial Services 2022-01-24 10:45 pm By Christine Caulfield

Embattled investment group Mayfair 101 is challenging a judge’s decision last month to slug it with a $30 million penalty for engaging in misleading and […]

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Class action against NAB over Walton Construction collapse back on track
Class Actions 2022-01-20 4:03 pm By Christine Caulfield

National Australia Bank has been served with a $78 million class action over the collapse of Walton Construction, three months after the case was stalled […]

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Dixon Advisory files for administration, blaming class actions
Restructuring & Insolvency 2022-01-19 10:40 am By Cat Fredenburgh

Embattled wealth advisor Dixon Advisory has filed for administration, saying its potential liability in two class actions and a $7.2 million penalty agreed to in […]

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Banksia funder to be wound up, liquidators to probe potential claims against directors
Class Actions 2022-01-18 1:23 pm By Christine Caulfield

The litigation funder behind a scam to defraud members of a class action over the collapse of Banksia Securities has entered liquidation, and the funder’s […]

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Sophie Grace hits back at $15.4M lawsuit over Gallop International collapse
Professional Negligence 2022-01-17 6:14 pm By Cindy Cameronne

Compliance and legal specialist Sophie Grace has rejected allegations it was responsible for defunct forex trader Gallop International Group’s collapse after it allegedly loaned $15.4 […]

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