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Senior barrister dodges contempt finding in spat over $800,000 bill
Business of Law 2024-06-26 11:49 pm By Christine Caulfield

A senior barrister who was ordered to provide itemised bills to explain four invoices totalling $800,000 has avoided a contempt of court finding, with a judge saying he was not satisfied the silk failed to comply with the orders and that if the extent of the itemisation were inadequate this was not the result of “disobedience”.

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‘Cavalier’ witness tanks ASIC’s long-running case against Quintis founder
Corporate 2023-08-29 11:14 pm By Christine Caulfield

The corporate regulator has lost its civil case against Frank Wilson, the founder of sandalwood oil producer Quintis, after failing to persuade the Federal Court he withheld from the board the termination of major supply contracts with a Nestle unit.

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Late judgment in ASIC case derails Quintis class action trial date
Class Actions 2023-01-11 5:01 pm By Cat Fredenburgh

A judge has vacated an upcoming trial in shareholder class actions against former Quintis director Frank Wilson and Ernst & Young, after learning judgment in similar ASIC proceedings against Wilson will not be delivered before the class action hearing kicks off.

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‘Not how litigation works now’: Class action over Quintis audit fights EY’s bid to silo expert
Class Actions 2022-08-11 11:26 pm By Cindy Cameronne

A shareholder class action against Ernst & Young over its alleged inflation of assets owned by sandalwood producer Quintis has argued the accounting firm should be allowed only one expert witness, who should collaborate with a competing expert chosen by the investors.

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Witness who won’t undergo quarantine can testify by video link in ex-Quintis boss’ trial
ASIC 2021-07-16 4:36 pm By Cat Fredenburgh

A judge has allowed a key US-based witness in ASIC’s case against former Quintis director Frank Wilson who will not submit to 14 days in hotel quarantine to give evidence by video link.

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Witness in ex-Quintis director’s trial must give evidence in person, judge says
White Collar 2020-06-23 5:16 pm By Cat Fredenburgh

In a defeat to the Australian Securities and Investments Commission, a judge has found a key witness in the trial against former Quintis director Frank Wilson must give evidence in person, delaying the hearing indefinitely until coronavirus-related travel restrictions are lifted.

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Quintis class action settlement delayed again over $46M insurance question
Class Actions 2020-05-29 5:16 pm By Alison Eveleigh

The settlement of two shareholder class actions against sandalwood producer Quintis has been delayed for a second time, as the parties continue to investigate the company’s eleventh-hour revelation that it may have extra insurance, which, according to the lawyers of one class action, could be worth $46 million to group members.

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Quintis class action settlement delayed after insurance policy ‘cock-up’
Class Actions 2020-05-07 4:03 pm By Alison Eveleigh

The settlement of two shareholder class actions against sandalwood producer Quintis has been delayed after the company’s eleventh-hour revelation that it may have an extra $40 million in insurance.

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Quintis reaches settlement in shareholder class action
Class Actions 2020-04-09 7:53 pm By Christine Caulfield

Sandalwood producer Quintis has agreed to settle two class actions by shareholders, but the claims against company founder Frank Wilson and auditor EY will proceed for now.

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Ex-Atrum Coal boss ordered to repay $6M to Hong Kong finance group
Financial Services 2020-02-06 5:44 pm By Miklos Bolza

A former director of Atrum Coal has been ordered to pay over $6 million owed to a unit of Hong Kong finance giant Argonaut Group after a prior default saw the former executive lose $12 million worth of shares in the company.

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