Billionaire media mogul Bruce Gordon has failed to gain more time for himself and partner Lachlan Murdoch to conjure up a second, more credible bid for the Ten Network.

In the NSW Supreme Court this morning, Justice Ashley Black threw out Gordon’s case, saying he was “not satisfied” that lawyers for Gordon’s companies had established any deficiencies in the creditors’ report (from administrators KordaMentha) that would require orders to be made. He also said he was not persuaded that CBS should have its voting rights reduced or removed.