As I understand it ASIC is pursuing Joel + Bane as individuals and Getswift as a company. I'm not certain how the 92.5% of the costs were apportioned between the 3 entities.
Supposedly Stage Equity Partners was going to buy the business for US$10 million. I'd be surprised if that's real, as there wasn't much left after Logo d.o.o was spun out. I imagine it was going to be a mix of cash and various 'unlikely to happen' earn-out provisions. I haven't seen anything new from ASIC since the Chapter 11 announcement aside from the appointment of KordaMentha as liquidators.
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As I understand it ASIC is pursuing Joel + Bane as individuals...
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