Most Recent
Connective directors hit with indemnity costs for ‘outrageous’ conduct in shareholder stoush

The directors of mortgage aggregator Connective Services have been hit with indemnity costs for their “outrageous conduct” in pursuing litigation against a company shareholder, including giving false statements and destroying evidence.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Macquarie a ‘knowing participant’ in Connective shareholder oppression, court says

Two directors of mortgage aggregator Connective engaged in oppressive conduct towards a minority shareholder and Macquarie Bank was a “knowing participant” when it acquired $5 million worth of shares in the company, the NSW Supreme Court has found.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?