Restructuring & Insolvency

The former director of collapsed Keystone Asset Manager -- who is under the glare of the corporate regulator over the asset manager's Shield fund -- is appealing the rejection of a $9 million claim on the company.

Property developer and former director of collapsed Keystone Asset Manager Paul Chiodo is appealing the rejection by liquidators of a $9 million proof of debt.

A court has shut down an investor’s $455,000 suit against defunct property development group Lion Property Group, finding its liquidators are better placed to untangle the claims. 

The Full Federal Court will hear developer Robert Filippini’s appeal of freezing orders won by Keystone Asset Management's liquidators, as ASIC's investigation of Keystone's failed Shield fund ramps up.

A tribunal has ordered a defunct builder of a Dandenong apartment complex to pay $2.9 million in damages for a slew of defects and interest on a loan needed to replace combustible cladding.

The corporate cop has won court approval to proceed with a consumer suit against debt manager Solve My Debt, despite the company falling into liquidation.

Liquidators for companies in the Dyldam Group have won an extension until early 2027 for further investigation of the defunct developer.

One of 50 subcontractors left unpaid after Victoria's Department of Education nixed three construction project contracts with failed builder Roberts Co (VIC) is set to join in proceedings seeking declarations under a deed of company arrangement. 

A judge has criticised the liquidators of a collapsed luxury homes business for a three-month delay in seeking court approval for a litigation funding agreement, warning other liquidators that they should apply for funding in advance.

The administrators of struggling regional airline Rex have entered into a sale agreement with NASDAQ-listed aviation holding company Air T, with the federal government stepping in to facilitate the sale.