After 24 years, Bell Group creditors seal $1.9b deal
Brad ThompsonReporter
The long-running, near $2 billion legal brawl over Alan Bond’s failed Bell Group appears all but over after a breakthrough agreement between major creditors.
The creditors, including the Australian Taxation Office, have signed a deed of settlement which clears the way for the carve up of $1.9 billion in litigation proceeds held by the Bell Group liquidator since 2014.
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