Great Southern - Woodlots

IMF is funding claims by those investors in Great Southern Plantations from 1998 to 2003 inclusive who exchanged their woodlot interests for shares in Great Southern Limited during the course of Project Transform.

Current stage of case

Proceedings have commenced. Defences have been filed. Separate proceedings commenced in Supreme Court of NSW in interests of IMF clients to claim priority to certain insurance proceeds; claim for priority to insurance proceeds unsuccessful.  Conditional settlement announced on 10 March 2014.

Proceedings

Court
Supreme Court of New South Wales
Plaintiff/Applicant
Investors in Great Southern Plantations
Defendant/Respondent
Companies (as responsible entities) within the Great Southern Group and various directors

Investment Manager

Hugh McLernon

Contact Details

IMF Client Liaison Team
1800 016 464
[email protected]