Plus: Westpac admits to misleading misrepresentations that resulted in $6.5m in overcharging.
NBR considers the top contenders.
Watson entity had refused hive placement.
Regulator says $1.89m fine not enough, Steel & Tube says the opposite.
The case has racked up $7.5 million in fees for lawyers, liquidators and consultants.
Bublitz's lawyer begins his closing in long-running case.
Court case over bullion settled.
Yan only director with substantial means, court hears.
Brian Ellis will appeal.
Previous disputes over convertible notes have been settled.