David Stack

A judge has rejected a bid by the director and general manager of an aluminium windows and doors company to set off a $2.6 million loss from a Spring Square project against a $2.8 million liability.

A judge has granted the liquidators of Cornerstone Investment Australia leave to sign a funding agreement for the insolvent tertiary education provider’s $56 million professional negligence claim against accounting firm PricewaterhouseCoopers.

A judge has questioned the $55,000 penalty jointly proposed by the parties in ASIC’s case against fintech company Squirrel Super over misleading statements about returns on property statements, saying it “might be a bit light on.”