Conduct

Settlement of contempt by SPL no barrier to courts

Kroll special advisor Steve Parbery. You couldn’t make it up. A mining magnate’s nephew on the run in Eastern Europe, in contempt of court for failing to show for public examination by a special purpose liquidator (SPL), the SPL settling the contempt case; and the courts then stepping in to pursue it. ” … on about 6 June 2016, Mr Mensink departed Australia for a…

Read More

Win for Bettles pyrrhic if ASIC prevails

Worrells partner Jason Bettles. Worrells’ Jason Bettles has had another win in his ongoing fight with ASIC, which throws money at poorly articulated misconduct cases knowing the costs of setbacks are recoverable via Industry Funding. Last Friday Federal Court judge Andrew Greenwood ruled that ASIC should pay Bettles’ costs of an application he made late last year for orders that the regulator’s concise statement and…