Lifestyle Communities Considers Appeal After Victoria Tribunal Ruling, Extends Trading Halt

MT Newswires Live
08 Jul

Lifestyle Communities (ASX:LIC) is weighing a potential appeal after a ruling by the Victorian Civil and Administrative Tribunal (VCAT) upheld deferred management fees but declared some of its agreements void, according to a Tuesday Australian bourse filing.

The company will remain in trading halt until later in the day, pending legal advice and an update on its impact, the filing added.

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