How do we get our money back, page-345

The judgement will be upwards of a few months after trial.

Key to understand is that the case only requires the judge to be convinced "on the balance of probabilities".

This lowers the threshold a judge needs to accept the arguments of ASIC.


In terms of the idea that because no perf shares were sold that goes in favour of Karantzis. Well, first off the shares allowed control of the company which arguably still led to significant economic benefit. It is also alleged by the ATO that a multi million dollar house in Hawthorn was purchased using ISX shares. Guess who the house belonged to? The ceo.