attended day one supreme court ., page-9

Interesting development latest:

"The constitution provides a mechanism to extinguish the instalment payments, and in the case of a wind-up the manager [BrisConnections] is legally bound to act in the interests of unit holders," said Alan Archibald, the QC acting for Deutsche.

"The manager is misleading its members. Unit holders have been told … simply that 'you will have to pay $2, full stop'. That is inaccurate."


http://business.smh.com.au/business/anz-faces-322m-loss-if-brisconnections-defaults-20090318-9284.html