Size of Perpetual’s legal payout finally revealed
Multi-million dollar payment settled Capital + Merchant Finance receivership claim.
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Perpetual Trust paid $5 million to settle legal claims brought by the receiver of Capital + Merchant Finance, accounts just filed show.
The sum was covered by proceeds from the company’s insurance.
Capital + Merchant collapsed in November 2007 owing $167 million to about 7500 debenture
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Tim Hunter
Mon, 30 Oct 2017
Mon, 30 Oct 2017
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Size of Perpetual’s legal payout finally revealed
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