In the Federal Court this week, Metigy executives spoke publicly for the first time about how it attained a $1 billion valuation through Fairfull’s deceptions, credulous investors and a technology bubble. And they revealed fresh details about how it failed – from claims of non-existent AI technology to telling investors Metigy had customers that never paid for or used its product.
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Most small business owners invest their own money long before a bank ever backs them. But when financial hardship strikes, many discover that their personal investment isn’t protected. In this episode of Season 5 of “The Cut”, Simon Cathro sits down with former insolvency lawyer and Krodok founder Matthew Kelly
Trust accounts are fundamental to many professions where funds are held on behalf of clients or third parties. Lawyers, accountants, real estate and property agents, motor dealers, debt collection agents and owners’ corporations all commonly operate trust accounts as part of their day‑to‑day businesses. While these accounts are designed to
Trust accounts are fundamental to many professions where funds are held on behalf of clients or third parties. Lawyers, accountants, real estate and property agents, motor dealers, debt collection agents and owners’ corporations all commonly operate trust accounts as part of their day‑to‑day businesses. While these accounts are designed to
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