A New South Wales Supreme Court judge has allowed liquidators for Tahmoor Coal to repay a nearly $30.5 million loan to avoid potentially unfair claims from creditors, saying the loan helped maintain the coal mine and likely maximised its value ahead of its sale.
A New South Wales Supreme Court judge has allowed liquidators for Tahmoor Coal to repay a nearly $30.5 million loan to avoid potentially unfair claims from creditors, saying the loan helped maintain the coal mine and likely maximised its value ahead of its sale.
ASIC banned a former MWL adviser on Friday from providing financial services for four years, saying he failed to act in clients' best interests by recommending they invest their superannuation in a now-collapsed fund and misled them about its performance.
Land lease operator Ingenia has received an updated $2.1 billion best and final proposal from US private equity firm Warburg Pincus, at the same price as its previous bid, Ingenia told the ASX on Thursday.
The Federal Circuit and Family Court of Australia has appointed Trevor McKenna, a barrister and former president of the Law Society of Tasmania, and Federal Court of Australia senior judicial registrar Alison Legge, new judges of Division 2.
Hall & Wilcox has added K&L Gates' Carl Hinze and Khilen Devani as partners specialising in mergers and acquisitions in Brisbane, the firm said on Thursday.
