Litigation

Reidy repels accusers but denied indemnity vengeance

Rodgers Reidy director Geoff Reidy. The plaintiff directors of Zamora Homes have dropped their bid to appoint a special purpose liquidator (SPL) to the company and may consider themselves fortunate to have escaped orders that they pay indemnity costs to Geoff Reidy, the incumbent they sought to supplant. At the beginning of a hearing in the NSW Supreme Court yesterday, Justice Ashley Black heard that…

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Ex-receivers fail to have deceit claim dismissed

Hall Chadwick’s Richard Albarran. Barrister Geoff McDonald. It’s not often that an unrepresented layman defeats a senior counsel in a legal contest but just such an outcome was revealed on Wednesday this week in the NSW Supreme Court. On one side was Owen Salmon, the former director shareholder of an entity called Terra Cresta Business Solutions. Salmon doesn’t have silks on tap. What he does…