Nathan Tinkler says his firm is planning to pay a legal costs order of $240,000 after the business his private company attempted to sue applied to have Tinkler Group wound up.
It is facing a wind-up action in the Federal Court of Australia brought by Mach Energy, where Mr Tinkler’s former business partner, Kin Chan, is a director, on Tuesday.
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Max Mason covers financial crime, courts 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