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Business Day - Judge warns liquidator
Herald Sun - Plan would rescue almond groves
The Australian - ANZ hold key to Timbercorp rescue deal

 

 

Business Day - Judge warns liquidator

FEDERAL Court judge Ray Finkelstein has warned that Timbercorp liquidator KordaMentha should not put the interests of investor/growers over creditors in its attempts to deal with the failed forestry schemes - 20 August more >

Herald Sun - Plan would rescue almond groves

MELBOURNE'S wealthy Baillieu and Smorgon families were close to sealing a deal last night to restructure and save Timbercorp's 12,000ha of almond groves from being sold by liquidator Mark Korda – The Herald Sun 10 July more >

The Australian - ANZ hold key to Timbercorp rescue deal

A PLAN hatched by Melbourne's wealthy Smorgon and Baillieu families to recapitalise one of Timbercorp's biggest assets into a $300 million entity listed on the ASX could be derailed by ANZ Bank – The Australian 10 July more >

The Age - Timbercorp creditors take fight to court

The creditors committee representing Timbercorp growers and investors intends to fight in the courts the application by KordaMentha to wind up 14 Timbercorp horticulture projects – The Age, 27 June more >

The Age - Timbercorp plan to offer investors asset-for-unit deal

THOUSANDS of investors in almond projects run by collapsed managed investment scheme operator Timbercorp will be offered a deal to trade their assets for units in a listed trust – The Age, 24 June more >

Gunns shoots for role in schemes

Article from the Australian Financial Review - A supreme Court judge has labelled Timbercorp's collapse a "very distressing event" for thousands of grower-investors as he agreed to hear an application from lawyers more >

Herald Sun - Growers on the ropes

TIMBERCORP'S 10,000 embattled olive and almond growers lost round one yesterday of their battle to save the $600 million they invested with the managed investment outfit – Herald Sun, 18 June more >

The Age - Regulator to investigate after schemes collapse

THE corporate regulator is examining a "range of regulatory issues" arising from the Timbercorp and Great Southern collapses, including any possible misuse of fees by the managed investment scheme operators – The Age, 18 June more >

Herald Sun - Protect plea on timber

TIMBER industry representatives want the corporate regulator to protect the interests of investors by appointing alternative managers to collapsed forestry and agriculture companies Timbercorp and Great Southern. Herald Sun, 12 June more >

ABC Rural - Watchdog in firing line over MIS

The role of corporate watchdog the Australian Securities and Investments Commission is being questioned by a group of investors of failed managed investment company Timbercorp. ABC Rural, 11 June more >

The Age - Gunns considers Timbercorp assets

Forestry giant Gunns has held meetings this week over a possible takeover of timber projects run by collapsed rival Timbercorp. The Age, June 11 more >

The Australian - Timbercorp investors oppose wind-up

Investors in Timbercorp’s olive and almond schemes will find out next week whether the Court will allow Timbercorp’s administrator, KordaMentha to determine whether it is appropriate to wind up Timbercorp’s olive and almond schemes. The Australian, 11 June more >

Herald Sun - Timbercorp lines up water sale

WATER rights for the world's biggest olive grove, at Boort in north-west Victoria, will be sold by Timbercorp for more than $12 million to help fund the beleaguered business more >

 

 
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