Despite the widely held view that Manchester Unity with ex-NSW Liberal leader John Brogden at the helm placed its small New South Wales village and care facilities on the market too late to achieve top dollar, a sale is rumoured to have been achieved and quite close to the asking price. The buyer is thought to be a Victorian operator that wants to build its presence in New South Wales.
Five Prime Trust directors found to a breach their duties when handing over $33 million to Bill Lewski
Corporate watchdog ASIC was successful in the Federal Court, obtaining a ruling that the five former directors of Prime Trust are liable for breaching their duties as officers of the trust APCHL. They agreed to the amendment of the Constitution of...