Court gives KordaMentha control of controversial fund
Australia's Supreme Court rules against LM Investment Management administrators.
David Williams
Mon, 15 Apr 2013
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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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David Williams
Mon, 15 Apr 2013
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.