Latest Federal Court News

Sequoia Financial Group has postponed its dividend payment from late June to late August following ASIC's directive tied to ongoing Federal Court proceedings over the InterPrac sale.

Toro Energy has officially been acquired by IsoEnergy’s subsidiary through a scheme of arrangement, with Toro shares now delisted from the ASX and shareholders receiving IsoEnergy shares as consideration.

HITIQ Limited secured a Federal Court order extending the quotation period for its HIQOA listed options on the ASX, resolving a regulatory timing issue and validating the delayed admission.

ARN Media has resolved its Federal Court dispute with Kyle Sandilands through a $12.09 million settlement, ending a high-profile legal battle while maintaining a revenue share from Sandilands' new media venture.

Toro Energy’s takeover by IsoEnergy has officially become effective following Federal Court approval, setting key dates for share trading suspension and scheme implementation.

The Federal Court of Australia has approved IsoEnergy's acquisition of Toro Energy, setting the stage for Toro's shares to be suspended and the deal to complete later this month.

ASX has settled ASIC proceedings over 2022 statements on its previous CHESS project, admitting to misleading the market with a 'progressing well' claim. The settlement includes a $20.5 million penalty and $3 million in legal cost contributions, pending Federal Court approval.

BPH Energy and Bounty Oil & Gas await a Federal Court judgement on their challenge against the refusal to extend the PEP-11 offshore permit. The decision, reserved since February, will be handed down mid-June, potentially shaping the companies' exploration prospects.

Amaero Ltd’s Federal Court-approved re-domiciliation schemes take effect on 11 June 2026, halting ASX trading of existing shares and paving the way for new US HoldCo CDIs to list.

Amaero Ltd has obtained Federal Court approval to re-domicile to Delaware via schemes exchanging Australian shares and options for US HoldCo equivalents, marking a major structural shift.

Toro Energy sets June 15 Federal Court hearing to seek approval for IsoEnergy's proposed takeover following a shareholder vote.

Matrix Composites & Engineering has sent out its Scheme Booklet to shareholders as part of the proposed acquisition by Advanced Innergy Solutions. The key shareholder meeting is set for 6 July 2026, with directors unanimously backing the deal subject to conditions.