Trends Publishing challenges High Court ruling on separate classes of creditors

Fri, 05 May 2017

By Jonathan Underhill May 5 (BusinessDesk) - Trends Publishing International, which claims it was left in a cash squeeze after Callaghan Innovation rescinded its research grant, has challenged a High Court decision to set aside a compromise deal it struck with creditors that the court found had been manipulated. Trends made its case in the Court of Appeal yesterday before Justices Mark Cooper, Raynor Asher and Denis Clifford. The respondents, also known as the challenging creditors - Advicewise People, Callaghan Innovation, Mediaworks...

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