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Nomad Telecommunications Ltd
Date of Funding: 28 Feb 2002
Plaintiff: Nomad Telecommunications Ltd
Defendant: Greatorex, Carlton, Cowan and Hodge
Court: Supreme Court of Victoria
Cause of Action: Breach of directors duty to prevent the company from trading whilst insolvent
Result: The case settled in October 2007. IMF expects to receive about $3.1m on an invesmtne of about $1m and capitalised costs of about $0.3m

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