I am not down ramping, or presenting any personal judgement, at this stage. Just presenting open source material.
Judge Orders Unilife Boss To Pay Back Loan, Plus A Margin
Sydney Morning Herald Saturday December 16, 2006
Ben Hills
ALAN SHORTALL, the chief executive of struggling publicly listed high-tech wannabe Unilife Medical Solutions, has been ordered to pay more than $500,000 to his former de facto wife.
A Supreme Court judge on Friday found that Mr Shortall owed Louise White, a Byron Bay receptionist, the money after she lent him $47,000 which he promised to secure against shares in the company - but later reneged on the agreement.
UNS Price at posting:
58.5¢ Sentiment: LT Sell Disclosure: Not Held