I think the public trustee has a very strong case from an...

I think the public trustee has a very strong case from an article that i read a couple of weeks ago.

From what i recall the action involves two allegations. The first is similar to the action of challenger - sale of stella significantly changed the business.

The second allegation was basically a term that if any other action or similar was commenced....then that was considered a default.

When I read the article I felt that that seemed a very strict term.........the article I thought suggested there did not even have to be a judgment.

Im guessing that in the the worst case scenario a decision will be reserved until after the return date in August.