NAB, HSBC should pay for Dick Smith receivers’ court loss, judge hears

Accounting 2021-12-15 6:15 pm By Miklos Bolza | Sydney

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National Australia Bank and HSBC should be “jointly and severally liable” to pay a portion of the costs of a failed case brought by Dick Smith’s receivers against the company’s former directors because the banks stood to gain financially if the lawsuit was successful, the NSW Supreme Court has heard.

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