trending Market Intelligence /marketintelligence/en/news-insights/trending/WLgg2wQeBmpNgP3HLFyOrg2 content esgSubNav
In This List

Federal Court declares Queensland Mining ex-managing director bankrupt

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Blog

Insight Weekly: US bank M&A; low refinancing eases rates impact; Texas crypto mining booms

Blog

Insight Weekly: US stocks hit grim milestone; top European banks tumble; TMT IPOs plunge

Video

Gold and Copper Summit 2022: Overview of Global Gold Markets in 2022 and Beyond


Federal Court declares Queensland Mining ex-managing director bankrupt

Queensland MiningCorp. Ltd. said April 28 that the Federal Circuit Court of Australiahas ruled in favor of the company over the bankruptcy petition against former managingdirector Howard Renshaw.

The court heard the petition April 27 and ordered a sequestrationorder over Renshaw, declaring him bankrupt effective the same day.

The court also dismissed Renshaw's application to stay the effectof the bankruptcy for 21 days.

Earlier in April, the company won its Federal Court case against Renshaw over terminationpayments that were allegedly made without shareholder approval.