15 March 2010 | ASIC has cancelled City Pacific’s Australian financial services licence as the company continues to wind up.
18 November 2009 | Balmain Trilogy has announced a big write-down for Pacific First Mortgage Fund, and has attributed blame to the former responsible entity, City Pacific.
4 August 2009 | Receivers and managers have been appointed to troubled City Pacific following the loss of its First Mortgage Fund.
29 July 2009 | Following the recent restructure, the role of group executive property development finance no longer exists.
21 July 2009 | City Pacific has lost control of its First Mortgage Fund following a Federal Court ruling that appointed Trilogy Funds Management as responsible entity.
14 July 2009 | Judge says matter should be resolved quickly to avoid leaving shareholders in limbo.
6 July 2009 | A verification count by City Pacific has found that Balmain Trilogy did not receive the required 50 per cent of votes by unitholders of the City Pacific First Mortgage Fund to remove City Pacific as its responsible entity.
26 June 2009 | City Pacific is disputing Balmain Trilogy's claim that it received an overwhelming number of votes from unit-holders yesterday to replace it as the responsible entity for the First Mortgage Fund on the basis of alleged disparities in proxy votes.
25 June 2009 | Balmain Trilogy won approval in the Queensland Federal Court yesterday to hold a meeting to today in an attempt to have City Pacific ousted as the responsible entity of the embattled City Pacific First Mortgage Fund.
23 June 2009 | The argument over the management of the First Mortgage Fund will be heard in the Queensland Federal Court today, as the deadline for lodging proxy votes also arrives.
15 June 2009 | Rival fund manager Balmain Trilogy aims to replace City Pacific as fund manager, 97 per cent of votes received in favour.
12 June 2009 | City Pacific in $39 million debt subordination exercise to rectify AFSL requirements.
25 May 2009 | Balmain Trilogy has taken another step in its campaign to gain control of the City Pacific Mortgage Fund, with a vote scheduled in Brisbane for late next month.
27 April 2009 | City Pacific revises its half-year guidance on the City Pacific First Mortgage Fund citing continuing uncertainty in markets.
18 March 2009 | City Pacific needs to advise unit holders of the City Pacific First Mortgage Fund of if, when and by how much it will cut its management fee.
03:32 PM | Working on distribution payment plan.
13 February 2009 | Diversified business group Atkinson Gore Group in loan default.
13 November 2008 | Founder of embattled company passes reigns to group's legal adviser.
1 September 2008 | “Normally resilient” market delivers blows.
1 September 2008 | “Normally resilient” market delivers blows.
10 June 2008 | Different proposals being considered.
3 June 2008 | Asset sales to help fund repayments.
28 February 2008 | Sales talks ended.