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livemint.comThe former directors of a collapsed Australian petrol-station company agreed to pay $2 million to settle claims brought by the liquidator. The settlement ends Federal Court proceedings that alleged asset transfers before the April 2024 liquidation.
Customers who lost over $10 million in progress payments after the collapse of luxury caravan company Zone RV have launched a campaign urging the Australian Securities and Investments Commission (ASIC) to investigate former director David Biggar for alleged insolvent trading.