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TINKLER COMPANY GOES INTO ADMINISTRATION

Nathan Tinkler’s company, Mulsanne Resources has gone into liquidation after it failed to pay a $28.4-million debt.

Blackwood Corporation sued Tinkler’s company after it failed to follow through on a deal that would see Mulsanne Resources buy 33.85% of Blackwood.

It was decided in the New South Wales Supreme Court that Mulsanne Resources would be wound up.

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