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Chanticleer

Chanticleer

No winners in court’s evisceration of Star’s crooked culture

The casino company’s former non-executive directors may have scored a legal victory, but it will be tempered by judge Michael Lee’s brutal judgment.

With Federal Court Justice Michael Lee, there’s almost always a sting in the tail.

On Thursday morning, it came as Lee wound up delivering his judgment, which found that the Australian Securities and Investments Commission had failed to make its case that a group of non-executive directors of disgraced casino giant Star Entertainment had breached their duties to act with care and diligence.

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