ecsc
Thanks mate, and I will do, March seems a long time away and funny how justice, if you call this justice, takes so long to be delivered.
I still remember the comment from the liquidator after the ruling and hope that the pay back is something of significance. My theory is that the defendants were determined not to lose the case in court because that would have opened an easy door for ASIC to come and finish them off, and sue them for whole lot of other things.
From ASIC's part, they did not want another lost case with associated expenses etc., so they were reluctant to go after BNB and waited to see if the court will rule them liable in Deloitte's Case first. now this is not to be.
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babcock & brown limited
note holder letter from liquidator, page-15
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