Ex-FE Investments directors battle over Simunovich ‘guarantee’
Peter Simunovich signed loan as guarantor, but is that enough?
FE Investments collapsed in 2020 owing $54.6 million to depositors.
Will Mace
Thu, 09 Jun 2022
Peter Simunovich signed loan as guarantor, but is that enough?
FE Investments collapsed in 2020 owing $54.6 million to depositors.
Peter Simunovich, the former director of failed lender FE Investments (FEI) and fishing family scion, is attempting to have a financial claim against him by another FEI director, Melvin Stewart, struck out in the High Court.
Stewart’s company Federal Capital has filed a third amended statement of
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