Tag · 2 stories
#Lehman Brothers
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Councils, churches in class action to get money back
Given differing advice, and with different levels of financial nouse, some Australian councils, churches and charities lost millions during the sub-prime crisis. Today mediation for a class action to recover the money from the now-bankrupt Lehman Brothers Australia begins.
Elayn James · 2 min
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Councils win High Court fight over Lehman Brothers
Councils have won in the High Court in a case over their right to pursue claims against the collapsed bank Lehman Brothers, both in Australia and overseas.
David Olsen · 2 min