This is certainly ongoing for Hudsons and one wonders why these...

This is certainly ongoing for Hudsons and one wonders why these guys are still in business!!

"4.1 Overview of Administrators’ investigations
...
Based on our investigations, we consider that there may be numerous claims available to be pursued by a liquidator (if appointed) against the Company’s directors, officers and third parties, including counterparties to certain transactions entered into in 2011.
Our investigations to date have led us to focus on the following specific transactions/matters:
...
the payment of fees to Hudson Resources Limited (‘HRL’), and later, to HCL purportedly pursuant to an Executive Services Agreement (‘ESA’) with the Company, totalling approximately $2.0 million between the years 2008 to 2014"

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