Court gives KordaMentha control of controversial fund
Australia's Supreme Court rules against LM Investment Management administrators.
David Williams Mon, 15 Apr 2013
The Supreme Court of Queensland has installed KordaMentha as trustee of a mortgage fund formerly managed by LM Investment Management.
Australian funds manager LM, started by Kiwi-born Peter Drake and which claimed to have $A3 billion under management, went into administration last month and
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