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Chiodo wins more time to answer Venice Marriott case after ASIC raid
Restructuring & Insolvency 2025-03-05 11:07 pm By Sam Matthews

Ex-Keystone director Paul Chiodo’s company has won more time to file a defence to a new suit by Keystone’s receivers over a failed transaction for the purchase a Marriott Hotel in Italy.

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Bankrupt property developer cops 6-year ban by ASIC
ASIC 2025-03-06 11:01 pm By Julia Kanapathippillai

Bankrupt property developer and ‘God Made Millionaire’ author Andrew Bodnar has landed himself on the corporate watchdog’s disqualified persons list for the second time.

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ASIC can’t halt Clive Palmer’s case over alleged unlawful examination
White Collar 2025-03-04 11:46 pm By Julia Kanapathippillai

ASIC has lost its bid to pause the latest case brought by billionaire Clive Palmer, which alleges compulsory examinations that underpinned a criminal case against him were undertaken for an improper purpose. 

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Former IRExchange execs charged with misleading ASIC
ASIC 2025-03-04 11:05 pm By Andy Sidler

Three former executives of failed online grocery wholesaler IRExchange have been charged with misleading the corporate cop during an investigation into a capital raising.

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Allianz, AWP fined $16.8.M for misrepresenting travel insurance cover
Insurance 2025-02-28 11:02 pm By Christine Caulfield

Insurer Allianz and its distributer AWP have been convicted and fined $16.8 million after pleading guilt to charges of making false or misleading statements over travel insurance coverage.

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ASIC still has ‘grave concerns’ over businessman’s plans amid $35M probe
ASIC 2025-02-27 11:14 pm By Andy Sidler

After losing a travel ban application against a Melbourne businessman as part of a probe into a failed investment fund, ASIC is now seeking freezing orders over his assets.

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Former Star Entertainment execs cop penalties after settling with ASIC
Gaming 2025-02-24 4:46 pm By Christine Caulfield

A judge has imposed penalties against Star’s former managing director and former CFO as part of settlements reached with the corporate regulator, as trial against nine other executives continues.

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AusSuper cops $27M penalty for account merger failures
ASIC 2025-02-21 3:01 pm By Andy Sidler

A judge has hit AustralianSuper with a $27 million penalty for breaching superannuation rules requiring providers to consolidate customer accounts. 

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‘Speculation’: Former ASIC chair takes aim at Clive Palmer lawsuit
Public Corruption 2025-02-18 10:57 pm By Andy Sidler

Former ASIC chairJames Shipton wants to strike out claims brought against him by Clive Palmer, arguing the mining billionaire’s pleading cannot support a claim for misfeasance in public office.

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TerraCom directors to claim penalty privilege in novel ASIC case
ASIC 2025-02-18 2:14 pm By Julia Kanapathippillai

Four directors of coal producer TerraCom have flagged they will not show their hand in the corporate regulator’s first-ever case alleging breaches of whistleblower protections.

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