Favourable creditors and fundamental flaws: Trends, Callaghan in court

Callaghan demanded a $400,000 grant repayment. Trends sat down with creditors. The compromise ends up in court. With special feature audio.

Hamish McNicol
Tue, 12 Jul 2016

Callaghan Innovation’s “fundamentally flawed” process caused troubled Trends Publishing International to offer a creditors’ compromise to which the government agency now objects, a High Court has heard.

But Trends maintains the 15c-in-the-dollar deal is the “best outcome" as Callaghan applies to

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