Western Desert Resources
LK acted for the liquidator of Western Desert Resources, which operated an Iron Ore mine in Roper Bar in the Northern Territory and collapsed in 2014.
In 2020, after a series of public examinations, the liquidator brought an insolvent trading claim in the Supreme Court of South Australia against seven former directors of Western Desert, claiming in excess of $120m. The complex action was one of the largest insolvent trading claims pursued in Australia. The claim settled successfully a week before the commencement of trial in November 2021 resulting in a significant recovery for the company’s creditors.