Or: this is highly disturbing 3
Another FREEZE ORDER precedent for ASIC’s attention.
"Ms Barnet and Mr Fletcher want to recover money paid by Octaviar to Fortress in the six months before Octaviar's $2.2 billion collapse in 2008. In March 2011 they obtained a $40 million freezing order against Fortress in the Queensland Supreme Court, pending the outcome of the lawsuit."
Read more: http://www.smh.com.au/business/octaviar-liquidators-to-try-different-tactic-to-sue-creditor-20120212-1szn0.html#ixzz2uyAS2Dto
It is to be hoped that from a spate of Inquiries on foot in Canberra a streamlined system of Asset Preservation from outright thieves will emerge.
Regards,
OCV
octaviar limited
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