Corum Westpac fight

November 25, 2010

LISTED pharmacy software supplier Corum Health has launched legal action against the Westpac Bank, over additional charges in excess of $2 million which are being claimed from the company in relation to the breach of a loan agreement last year. The loan has since been repaid, but Westpac is claiming further monies from the company amounting to its minimum return over the original loan agreement. Corum md Geoffrey Broomhead today told investors at the firm’s agm that even though the matter is before the court, Directors will continue to actively negotiate with Westpac to achieve a more favourable settlement.

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Pharmacy Daily | Corum Westpac fight

Corum Westpac fight

Other recent headlines

Scope review revealed

Aged care report approved

SA expands 24/7 access

SEARCH PHARMACY DAILY

Featured video

Recent issues

INDUSTRY JOB VACANCIES