Business
Real estate firm The Agency wins court ruling against administration action over disputed fee – Domain News
Real estate firm The Agency has ended a brief stint in administration after successfully fighting off a claim made by a former director.
Real estate firm The Agency has ended a brief stint in administration after successfully fighting off a claim made by a former director.
Director of investment group Magnolia, Mitchell Atkins, a former director at The Agency, appointed voluntary administrators BDO on January 19 to pursue the real estate firm over a disputed fee of about $385,000, which he alleged The Agency had refused to pay.
Magnolia also said it had lost confidence in The Agency Groups board and its unknown financial position.
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