Pyne Gould eyes up return to court room over Perpetual Trust sale

Sun, 01 Oct 2017

By Paul McBeth Oct. 2 (BusinessDesk) - Pyne Gould Corp says it's more likely to head back to the courtroom to pursue payments from the sale of Perpetual Trust. The Guernsey, UK-based asset manager and Bath Street Capital dropped their High Court squabble over the trustee business transaction last year, citing Bath Street's work towards an initial public offering of the Complectus supervisory business as a means to settle the dispute. However, the IPO plans were shelved over market volatility, and a subsequent trade sale to Australia's Sa...

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