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Two receivers for unlicensed investment scheme A One Multi Services have lost their bid to have 85 per cent of their future remuneration paid out immediately, with a judge agreeing with the corporate regulator that the receivers should not have “what are in effect trust funds”.
A judge has dismissed an application by an Australian-Chinese law firm for access to documents from a competitor — including addresses of clients — in a case alleging its rival published a defamatory message on the WeChat network.