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A judge has found that a case brought by the liquidators of investment firm Linchpin Capital against auditors Grant Thornton and Moore Stephens for signing off on the compliance plan for a registered fund that allegedly misused investor money has legs.
The High Court will hear an appeal over whether real estate agent Biggin & Scott should be held liable for copyright infringement for its supposed "indifference" to the copying of real estate marketing platform Campaigntrack's source code by a developer.
Westpac has told a court that it is “inconceivable” that Forum Finance directors Bill Papas and Vince Tesoriero and funded their lavish lifestyles legitimately, as trial kicked off in the bank’s $400 million fraud case against the Forum companies.
The founder of beleaguered investment group Mayfair 101, James Mawhinney, has argued that multiple law firms failed to advise him of the privilege against self-exposure to penalty in proceedings brought by the corporate regulator, which saw him banned from soliciting funds or promoting any financial product for 20 years.
Accounting firm Findex Australia has lost a bid for the High Court to hear its case over a restraint provision against a former financial advisor found to have been unenforcable.
A former barrister has been struck off the roll of practitioners in NSW after it was found that he practised in the state for six years without a local practising certificate and lied to the Queensland Bar Association about the location of his practice.
The Acting Attorney-General has made two appointments to the Federal Court, including the barrister representing ASIC in its high-stakes cases against Rio Tinto and GetSwift.
Accounting firm Findex has lost an appeal of a court's judgment tossing its case against a former financial advisor, despite the court finding he had poached the company's clients and caused $742,000 in losses.