Litigation update - orders on interest and costs
Released
Released
Announcement PDF
ASX ANNOUNCEMENT
23 June 2014
LITIGATION: UPDATE ON CLAIMS AGAINST FORMER OFFICERS OF THE COMPANY
Invion Limited (ASX: IVX) wishes to advise that, following the Supreme Court of Queensland judgment
delivered for the Company on 4 June 2014, subsequent judgment was delivered on 20 June 2014
in relation to interest and costs, pursuant to which the Company is to receive $1,306,283, in aggregate,
for the original judgment and accumulated interest.
The Defendants have also been ordered to pay Invion’s costs of the proceeding, including reserved
costs, on an indemnity basis.
Invion intends to use all avenues available to it to recover the judgment debt.
For and on behalf of the Board of Invion Limited
Melanie Farris
COMPANY SECRETARY
Invion Limited ABN 76 094 730 417
GPO Box 1557, Brisbane, QLD, 4001. P +61 7 3295 0500 F +61 7 3295 0599 www.inviongroup.com
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