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

Allens 2022-03-28 8:57 pm By Miklos Bolza | Sydney

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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.

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