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Icollege says legal proceedings commenced against co by Walker enterprises

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  1. Aug 11 (Reuters) - Icollege Ltd (ICT)

    • legal proceedings have been commenced against icollege limited and management institute of australia group of companies
    • Walker is alleging an entitlement to payment of up to $9m plus interest which it alleges to be owed to it pursuant to share sale agreement
    • "co disputes walker's claims in full and will be fully defending proceedings"
    • Michael walker is former director and shareholder of mia
    • Walker enterprises is alleging a breach by icollege and mia of share sale agreement between those parties dated 16 march 2015
    • "Co also anticipates counterclaiming for damages arising from circumstances relating to entry into share sale agreement"
    Discuss this via ICT


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