Backdoor listing specialist Sorensen pressured to pay rival

By Victoria Young | Tue, 26 Nov 2019


Investor John Sorensen is facing further legal threats from his former business partner Michael Jacomb, who is chasing about $600,000 owed by him personally.The pair were back in the courts this month as Jacomb continues to pursue the backdoor listing specialist for judgment debt awarded earlier this year. Jacomb now wants Sorensen to reveal his personal assets, a step usually taken ahead of gaining freezing orders or issuing bankruptcy proceedings.   The stoush harks back to a failed Chilean investment venture in which Jacomb as...