Arrium lenders file High Court challenge over directors’ loan drawdowns

Amy Munro 2023-07-25 3:58 pm By Cindy Cameronne | Sydney

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Commonwealth Bank and other lenders of Arrium have filed for special leave to appeal to the High Court after losing their latest bid to make two directors liable for allegedly misleading them about loan drawdown notices ahead of the steel company’s $2.8 billion collapse.

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