Dick Smith disaster turns legal circus amid bank contortions

A phalanx of forty lawyers will parade into a Sydney courtroom this morning to spar over the scraps of electronics retailer Dick Smith. The damage of a corporate collapse – the hit to creditors, shareholders and taxpayers – will be on display. Almost 3,000 employees lost their jobs. The private equity sharks from Anchorage Capital, … Continue reading Dick Smith disaster turns legal circus amid bank contortions