Federal Court finds no breach of duty despite value shift away from holding company
Indemnity costs ordered against plaintiffs as court finds failure to prosecute but declines dismissal in favour of mediation and strict case management
Federal Court finds funds advanced for Hong Kong licensing were held on trust and misapplied
Star executives failed to exercise required care in overseeing junket risks as Federal Court stresses active oversight duties for directors of regulated companies
Payroll tax recovery payments set aside after regulator unable to show it acted in good faith
Retrospective orders regularise defective liquidation of incorporated association
Franco-Nevada’s Peculiar Knob entitlement not extinguished by 2017 restructuring, but court rejects bid to vary royalty formula through course of dealing