Debt-laden fintech Squirrel can’t block receiver appointment

Arnold Bloch Leibler 2019-07-02 9:17 pm By Amelia Birnie | Sydney

Please login to bookmark

A judge has refused to grant an injunction stopping the appointment of receivers to Australian cloud-based superannuation fund manager SMSF Squirrel Ltd, describing the company’s financial position as “precarious” and likely to worsen beyond its current liabilities of $7.8 million.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

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