Arrium settlement was a ‘substantial compromise’, judge says

Amy Munro 2021-07-05 4:05 pm By Cat Fredenburgh | Melbourne

Please login to bookmark

A settlement reached in a lawsuit by the liquidators of collapsed steel giant Arrium against 10 former company directors accused of insolvent trading has been approved by a judge, who noted that while the settlement amount was “substantial”, the deal involved a “substantial compromise”.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

For information on rights and reprints, contact subscriptions@lawyerly.com.au