The insolvent trading action brought against Arrium Group’s board of directors and members of management has reached a settlement.
The action was brought by Arrium’s liquidators KordaMentha in July 2019 against 10 former directors, including chairman Jerry Maycock, chief executive Andrew Roberts and chief financial officer Robert Bakewell.
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Max Mason covers insolvency, courts, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com