forge group shareholders threaten legal action, page-12

My understanding, without looking into it further, is that all legal claims against the company are held pending while the administration/receivership process takes place (to protect the pickings by creditors). However, this needs to be checked. Also, there is a need to clarify whether this embargo extends to claims against directors/auditors/insurers etc. Australian shareholder class action law is still developing and many cases are settled. I would be surprised if IMF and/or S&G didn't have a growing list of enquiries. I would have thought those business models lend themselves to at least an initial appraisal without a fee.