Jim Delegat loses suit against director of failed boat builder Salthouse Marine

Fri, 14 Dec 2012

By Jonathan Underhill Dec. 14 (BusinessDesk) – Jim Delegat, managing director of winemaker Delegat’s Group, has failed in a High Court attempt to recover payments on an incomplete yacht from a director of failed luxury yacht maker Salthouse Marine. Justice Mark Woolford ruled that Perth-based naval architect Christopher Norman didn’t breach his director’s duties under the Companies Act while a director of Salthouse between December 2008 and February 2010. The judge also ruled he didn’t engage in misleading or deceptive conduct under the Fair...

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