Dear Valued Investors and Community Members,
We are writing to provide you with an important update regarding the ongoing legal proceedings involving Consol Freight Pools, Hanhwa AUS Pty Ltd, and Hanhwa New Zealand Pty Ltd.
Hearing Update: Federal Court of Australia - NSD1052/2023
We have received confirmation that the hearing of the applications to set aside the subpoenas issued to the liquidator and Directed Electronics has been scheduled for 27 February 2024 at 10:15 am. The hearing will take place at the Law Courts Building, Queens Square, Sydney.
Key Dates:
- Subpoena Response Deadline for Directed Electronics OE Pty Ltd: 20 December 2023.
- Evidence Filing Deadline for Consol Freight Pilot, LLC:
- Application by Andrew Hewitt (as liquidator) on 29 November 2023.
- Any application filed by Directed Electronics OE Pty Ltd in accordance with Order 1.
- Deadline: 19 January 2024.
- Response Deadline from Directed Electronics OE Pty Ltd and Andrew Hewitt: 31 January 2024.
- Hearing Date: 27 February 2024 at 10:15 am.
Consol Freight’s Commitment: Consol Freight remains committed to acting proactively and diligently in pursuing our claims and seeking resolution. Our team has meticulously prepared extensive documentation to support our case, demonstrating our dedication to recovering assets and debts. This effort is essential to safeguard the investments entrusted to us by our valued investors.
We understand the significance of transparency in these matters and will continue to provide regular updates as significant developments unfold. If you have any inquiries or questions, please do not hesitate to contact us at operations@consolfreight.com.
We appreciate your ongoing trust and support.