ASIC yesterday achieved a stunning victory with the Federal Court ruling that eight Centro directors breached their directors’ duties in failing to accurately disclose the company’s liabilities to shareholders in the 2007 financial report.
Centro properties group
Centro crunch re-affirms the genius of MacBank
As the ripples spread through the heavily indebted property trust market courtesy of the global sub-prime contagion, yet again we have to marvel at the brilliance of Macquarie Bank in navigating its way through, writes Stephen Mayne.
