Original article by John Ferguson
The Australian – Page: 6 : 13-Nov-17
The Victorian Liberal Party and the Cormack Foundation are at odds over who owns the Foundation’s $A70 million worth of assets. Liberal Party president Michael Kroger has threatened to take the Foundation to court if it does not agree to have their dispute arbitrated. Kroger has stated that he will pay up to $A1 million of any legal costs that the Liberal Party might incur if the matter goes to court and the party loses the case.
LIBERAL PARTY OF VICTORIA, CORMACK FOUNDATION PTY LTD, AUSTRALIAN LABOR PARTY, VICTORIAN TRADES HALL COUNCIL, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ