King & Wood Mallesons ignored Sargon liquidators’ demand for $540,000, court told

Restructuring & Insolvency 2023-05-30 10:53 pm By Sam Matthews | Melbourne

A lawsuit by the liquidators of Sargon Capital alleges law firm King & Wood Mallesons “refused or neglected” a demand to return over $540,000 in alleged unfair preference payments and should have known the fintech was insolvent when the payments were made.