Last year AMP Capital sold out its share of Brisbane based Meridien Retirement Living to a JP Morgan investment fund after a fractious partnership. Meridien has now announced a name change for its 27 village operation, to RetireAustralia.
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...