https://www2.deloitte.com/content/d...deloitte-au-fas-babcock-brown-s508-201117.pdf
An update regarding the last 3 court cases should be coming in the next week.
If Liquidators win, I'm not sure if there are any unsecured creditors left, so barring further appeals to these last 3 cases, then there is still around $23mill left, minus past 5 months of costs plus receiving legal fees back for court cases won.
The previous Grant Taylor proceedings appeal took around 6 months so we may have an outcome by this time next year.
BNB
babcock & brown limited
https://www2.deloitte.com/content/dam/Deloitte/au/Documents/finan...
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