Nathan Tinkler Photo: SiN Images |
The public examinations into the failure of Tinkler's Mulsanne Resources are intended to help the Ferrier Hodgson duo determine if an action for breach of director’s duties is an option.
Whether this will ultimately lead to any recoveries for Blackwood Corporation, the creditor that sought Mulsanne’s winding up and is funding the examinations, is anyone’s guess. But they obviously think the fishing expedition worthwhile.