Invalid administrator may be chased over “trespass”

This sounds like one for the lit funders’ slide rule – a suspended ASX shell, millions in dissipated shareholder capital, the same law firm allegedly acting for both parties in a merger and a voluntary administrator punted after a judge ruled his appointment was invalid. It was back in August 2016 that a court ruled that Mackay Goodwin’s Domenic Calabretta had been invalidly appointed voluntary administrator of…

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