Iluka class action doesn’t need cash to put up security, judge says

Caspar Conde 2019-10-16 11:00 pm By Christine Caulfield | Melbourne

Please login to bookmark

The applicant in a shareholder class action against Iluka Resources can put up security for the company’s legal costs by way of two insurance deeds of indemnity, but a bid to use the deeds to replace the $1.25 million it earlier paid in cash security has failed.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

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