Long-running Sorensen dispute settled

Tue, 21 Jul 2020

Investor John Sorensen has settled a longtime dispute with former business partner Michael Jacomb, who tried to get him to reveal his financial affairs. Jacomb, as trustee of Genset Trustees advanced millions to Edel Metals Groups, a company owned by Ken Wikeley, which Sorensen was a director of. The company was formed in 2008 to invest in rock crushing machinery but failed. After litigation launched five years ago, Jacomb late last year obtained a $700,000 costs award from his former business partner. In October last year Sorensen sai...

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