Octaviar liquidators get court OK to reject proofs of $900M in debt by subsidiaries

Brian O'Donnell 2019-09-24 9:18 pm By Miklos Bolza | Sydney

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The liquidators of failed Gold Coast investment group Octaviar have been given the thumbs up to reject over $900 million in proofs of debt from two of the firm’s subsidiaries after the Queensland Supreme Court ruled they had received competent legal advice on the matter and were justified in the rejections.

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