1. Most Discussed
  2. Gainers & Losers

Icollege says legal proceedings commenced against co by Walker enterprises

Bookmark and Share
  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

Before making any financial decisions based on what you read, always consult an advisor or expert.

The aim of HotCopper News is to report and comment on news in the financial and investment markets. HotCopper provides no advice on dealing in securities and is not a financial advisor. Professional advice should be sought before making any investment decisions.

Contact editor: [email protected]

To read reuters' full disclaimer click here

Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.