Court strikes out claim in ‘rare and exceptional case’

Investor activist’s misleading disclosure claim against property syndicator Maat is deemed an abuse of process.

featured-image

The High Court has struck out a claim alleging misleading disclosure by property syndicator Maat Consulting as an abuse of process. “This is one of those rare and exceptional cases where the extrinsic evidence is sufficient to make an objective determination," said Associate Judge Grant Brittain.