Property developer avoids bankruptcy
Arthur Morgenstern has reached a settlement on a $3.5m claim for breaching directors' duties.
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A bankruptcy application against the developer of the $67 million St Lukes Garden apartments has been withdrawn after liquidators reached a settlement on a $3.5 million claim for breaching directors’ duties.
Arthur Morgenstern was taken to court by liquidators of his former companies MSE, Kingdon
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Hamish McNicol
Fri, 03 Jul 2015
Fri, 03 Jul 2015
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Property developer avoids bankruptcy
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