Unsecured creditors are spoiling for a fight at Sydney’s Halo tower

Unsecured creditors of James Milligan’s Milligan Group, including Nick Pappas and Adrian Bunter, are opposing a DOCA that would pay about $1 million, or 0.72¢ in the dollar, on approximately $140 million in claims tied to Sydney’s stalled $1.8 billion Halo tower, preferring liquidation to enable further investigations and potential personal claims against Milligan despite the risk of no recovery.

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