Most Recent
Nuix takes insurers to court over coverage for legal bills
Insurance 2024-10-17 11:29 pm By Cat Fredenburgh

Nuix has taken a slew of insurers to court seeking coverage of legal bills incurred in defending multiple class actions and proceedings by the Australian Securities and Investments Commission.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Full Court asked to clarify ‘authorised rep’ in ASIC crypto appeal
Cryptocurrency 2024-10-10 2:48 pm By Sam Matthews

ASIC has appealed a decision in its mostly successful case against the issuer of the Qoin crypto coin, challenging an “important” finding on authorised representatives of AFSL holders. 

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Court stays Clive Palmer’s challenge to ASIC examination
ASIC 2024-10-09 11:45 pm By Sam Matthews

The CDPP and ASIC have succeeded in staying Clive Palmer’s case challenging the lawfulness of a seven-year-old examination, with a judge finding it would fragment criminal cases against the mining magnate.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Full Court’s continuous disclosure ruling could embolden ASIC
Analysis 2024-10-08 11:14 pm By Sam Matthews

A ruling that clarified the materiality requirement in continuous disclosure cases could lead to more regulatory actions and activist shareholder claims, but won’t boost shareholder class actions, experts say.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Former Noumi CFO set to cop $100,000 penalty in ASIC case
Securities 2024-10-08 3:48 pm By Sam Matthews

A judge has indicated he will sign off on a $100,000 penalty and four-year ban against the former CFO of Noumi, who has admitted his role in the food company’s non-disclosures.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Keystone receivers win freezing order extension against developer
Restructuring & Insolvency 2024-10-07 11:08 pm By Cindy Cameronne

Court-appointed receivers of investment firm Keystone have won an extension to a freezing order against a Melbourne developer who is suspected of receiving $160 million in investor funds. 

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Trial against Blockchain Global deferred to allow CEO to be joined
Cryptocurrency 2024-10-04 4:00 pm By Andy Sidler

A lawsuit by former Blockchain Global employees against the defunct cryptocurrency exchange has been stalled to allow CEO Sam Lee to be joined to the case.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Court dismisses charges against former Macquarie adviser
White Collar 2024-10-04 11:49 pm By Christine Caulfield

A criminal case against a former financial adviser from Macquarie accused of trading in derivatives without a client’s authority has been dismissed.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Blue Sky founder’s claims against ASIC thrown out as ‘untenable’
Securities 2024-10-03 11:41 pm By Andy Sidler

A court has tossed claims against ASIC by the former boss of investment fund Blue Sky, describing the allegations as scandalous and untenable.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

ANZ loses appeal in ASIC case over $2.5B share placement
Appeals 2024-10-02 4:44 pm By Sam Matthews

ANZ has lost its appeal of a landmark decision finding it breached continuous disclosure rules by failing to disclose a $750 million bailout by underwriters during a $2.5 billion capital raising.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?