BNB babcock & brown limited

unsecured creditors dividend - 2015, page-8

  1. 3,130 Posts.
    Are They going to settle the case with those shareholders after the lengthy process?


    https://www.comcourts.gov.au/file/Federal/P/NSD2070/2012/3656430/event/27503836/document/401810


    If so, it would be : the liquidator win, lawyers win, those small group of shareholder win, Note holders lose.


    Before I hoped the liquidator could try to claim the cost of the litigation from those small group of shareholders if the case was closed in favor of BNB.


    Just my thoughts

 
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