Fight won't go to court
Monday, September 26th 2016, 7:34PM
PGC and Bath Street Capital are not going to court over what is still owing in relation to the sale of Perpetual Trust.
PGC had been seeking damages of $22 million or more that it said was outstanding.
But Bath Street filed a counter-claim, seeking damages for delaying its stock exchange listing.
Now it has confirmed it has withdrawn its court action and is working on a settlement with PGC.
It is also working towards a float of Perpetual Trust owner Complectus.
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