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A judge has set aside a liquidator's bid for public examination of National Rugby League boss Todd Greenberg and another high-ranking officer, finding the summonses were an "abuse of process" and that the company behind them had entered into liquidation for the sole purpose of grilling the officials.
ASIC has notched up a win against derivative issuer AGM Markets and two of its authorised representatives, with a court finding they engaged in misleading, deceptive and unconscionable conduct that caused investor losses of over $30 million.
A former Maple Brown Abbott analyst has pleaded guilty to insider trading and communicating inside information in relation to $1.6 million in shares of collapsed video company Big Un.
The liquidator of collapsed app-development firm Appster has filed examination proceedings against the company's founders and auditor ahead of possible legal action for allegedy trading while insolvent.
Two former directors of defunct Gold Coast asset manager Avestra are facing a lawsuit from the company's liquidators seeking to recover $6 million in alleged losses by three of the company's managed investment schemes.
Russells Lawyers has withdrawn a cross claim against a restructuring and insolvency solicitor who filed a lawsuit alleging the firm tried to manufacture a reason for terminating his employment.
A judge has sentenced the founder of defunct whitegoods distributor Kleenmaid to nine years in prison for his role in a $13 million fraud against Westpac, saying it would be "obnoxious and naive" to consider his crimes victimless.
Two shareholder class actions against failed electronics retailer Dick Smith will head to trial in March, after a failed attempt to resolve the long-running dispute in mediation.
A leading class action and insolvency litigator at Squire Patton Boggs is leaving the firm to launch a boutique outfit with plans to shake up the legal industry, including by bringing class actions on a contingency fee basis.
A last ditch effort to resolve a case brought by a restructuring and insolvency solicitor against Russells Lawyers over his dismissal has failed and the dispute will head to trial this year, more than three years after he was sacked.