Perpetual braces for more court action
Perpetual Trustee Company Ltd won a Court of Appeal decision in London on Friday (local time) that sought $125 million frozen from Mahogany Capital noteholders since the collapse of Lehman Brothers financial-services firm last year. The decision could act as a precedent to eventually unlock up to...
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- News Source: The Age | 28 days agoAustralian local councils and charities, are a step closer to recovering $125 million worth of bonds that have been the subject of a legal battle since the collapse of Lehman Brothers. On Friday night the UK Court of Appeal rejected an attempt by...
- News Source: Sydney Morning Herald | 29 days agoPerpetual Trustee Company Ltd won a Court of Appeal decision in London on Friday (local time) that sought $125 million frozen from Mahogany Capital noteholders since the collapse of Lehman Brothers financial-services firm last year. The decision...
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