Monday, June 10, 2024

New money laundering laws: Pallion Group, the ATO, and the voidable transaction

Part IV of this series looks at the ramifications of a recent Federal Court Order appointing KordaMentha as Special Purpose Liquidators to investigate the potential overturn of a Pallion Group transaction. The legal maneuvering is part of a campaign to recover more than $200 million in GST payments.


http://dlvr.it/T86CZd

New money laundering laws: Pallion Group, the ATO, and the voidable transaction

Part IV of this series looks at the ramifications of a recent Federal Court Order appointment of KordaMentha as Special Purpose Liquidators to investigate the potential overturning a Pallion Group transaction. The appointment was sought as part of a legal campaign to recover more than $200 million in GST payments.


http://dlvr.it/T86C3K

Monday, June 3, 2024

World’s largest lab-created diamond displayed at US trade show

The International Gemological Institute (IGI) has graded a 75.33-carat square-emerald cut lab-created diamond, said to be the world's largest to date.


http://dlvr.it/T7nz4b

Lightbox no longer producing lab-created diamonds for jewellery

The De Beers Group has revealed it will stop creating lab-created diamonds for its Lightbox Jewelry brand in a strategic revamp.


http://dlvr.it/T7nmFZ

Sunday, June 2, 2024

No deal: BHP Group walks away from De Beers acquisition

Australian mining giant BHP Group Limited has reportedly concluded negotiations with Anglo American over the potential sale of the De Beers Group.


http://dlvr.it/T7lJR3