Benjamin Hornigold Ltd Settles Litigation for $800,000
Key points
- Litigation settlement reached for $800,000
- Settlement subject to one condition subsequent
- Final hearing scheduled for July 2026
Full summary
Benjamin Hornigold Ltd (BHD) has announced that, subject to one condition subsequent, the company has entered into a deed to settle a claim against a particular director for $800,000. The final hearing for this matter is scheduled to be heard in July 2026. This announcement was made by the board of directors of the company, with Michael Glennon, Chairman/Company Secretary, authorizing the release.
Outlook
The company expects the final hearing to be held in July 2026, pending the condition subsequent.
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