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Court approves investors’ takeover of Angas Securities
Restructuring & Insolvency 2019-05-17 8:49 pm By Miklos Bolza

The Federal Court has approved a scheme of arrangement which will see investors take a 70 per cent stake in troubled fund manager Angas Securities, receiving a possible $52.2 million in shares and other assets.

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Funder asks High Court to take another look at $64M Banksia settlement
Appeals 2019-02-27 11:15 pm By Cat Fredenburgh

A litigation funder wants the High Court to review a court decision’s to approve a $64 million settlement in litigation over the failure of Banksia Securities while rejecting the funder’s commission and legal fees.

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