Lender foiled in long-running litigation linked to failed finance company FE Investments.
A court scrap between former associates John Sorensen and fraudster Ken Wikeley has exposed undisclosed share trading in an ASX-listed company.
The Commerce Commission is filing civil proceedings against the pair.
Case brought by former investors and Du Val shareholders struck out, with judge suggesting imposing duty of care on the FMA would create a ‘perverse incentive’ on the regulator to avoid getting involved with issuers in future.
Official Information Act response reveals legal advice has been sought in ongoing matter amid statutory management speculation.
Drivers and supporters protest outside the Supreme Court as rideshare company appeal begins.
The two investors owed $172,000 in damages by the cricket scoring software company agreed to adjourn proceedings.
Wellington lawyer and businessman attempts to avoid bankruptcy with Inland Revenue in High Court proceedings.
Court findings on conspiracy to defraud Sir Owen Glenn's Kea Investments will stand.
Regulator forces further confessions from the lending group amid ongoing investigation.