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Major class action against Virgin Australia gathers steam
Sep 17, 2024 – 12.48pmIt’s Masters of the Universe versus civilians at Bain Capital’s Virgin Australia, where retail bondholders are gearing up for a high-stakes courtroom battle.
Street Talk can reveal the mum-and-dad investors who bought Virgin bonds – which were written down to about 13¢ on the dollar during the administration – are working with a team led by Corrs Chambers commercial disputes partner, Michael Catchpoole, to prepare an amended statement of claim expected to be filed by the end of the week.
