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gavel

Investors' reps challenge a ruling over who gets priority in an insolvency

Law concept - Law book with a wooden judges gavel on table in a courtroom or law enforcement office

Failed firm's receiver has filed a series of legal actions against various players in the saga

agreement, attorney, auction, authority, balance, barrister, beam, scale, book, bookcase, books, brass, brown, business, colourconcept, contract, counsel, court, courthouse, courtroom, crime, criminal, decision, defendant, divorce, enforcement, financefreedom, gavel, government, guilt, guilty, hammer, horizontal, innocence, judge, judgement, judgment, judicial, justice, lawlawyer, legal, legislation, liberty, libra, litigation, mallet, prosecution, punishment, rights, scale, scales, scales, of, justice, sentencesymbol, symbolic, system, tax, trial, tribunal, truth, verdict, weight, will, wood, wooden

Chief justice finds motion is premature, directs receiver to address distribution issues

papers on a desk

Receiver argues that institutional investors' consolidation motion is premature

Judge looks at papers

Investors argue it would be unfair for them to subsidize other victims

Hands reaching out for pie

Institutional investors seek distribution from failed fund manager

Judge gavel, scales of justice and law books in court

Investor protections under securities law create priority in receivership

Justice scales and gavel by books

Court pauses limitation period on possible claims against advisors, dealers

gavel

Tribunal rejects motions from David and Natasha Sharpe for disclosure of documents in a forthcoming hearing

Green forest

Second-annual study also finds that 30% of companies have net-zero targets

  • By: IE Staff
  • December 9, 2022 December 9, 2022
  • 11:49