Scoop has an Ethical Paywall
Licence needed for work use Learn More

Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Roy Morgan Illegally locked out of premises by Impact Investment Group


Roy Morgan illegally locked out of premises at 401 Collins St by Impact Investment Group (Chris Lock and Unit Trust linked to the Lieberman family)

Following a failed attempt to be heard at the Supreme Court on Friday, IIG, illegally and without notice, de-activated all security passes for 401 Collins St Melbourne, changed the locks and put security guards on the building. A notice from CEO of IIG, Chris Lock, authorising the ‘lock-out’ is unsigned – yet another botched step in a poorly conceived and executed legal manoeuvre by IIG.

There is a dispute between Roy Morgan Research and Impact Investment Group over a purchase/leaseback contract for 401 Collins St. The dispute revolves around details of a replacement lift – which, amongst other things will block access to the Collins Street entrance to the building for at least 6 months. As IIG have refused to negotiate, mediate, discuss, or in any way, resolve the issues of the dispute, Roy Morgan Research has stopped paying rent. This matter is before the Supreme Court at IIG's initiation.

Roy Morgan Research has a $2.5 million bank guarantee (bond) in place and a personal guarantee for rent from Gary Morgan. IIG have been advised that if they draw down the rent from that money, and they are found to have acted illegally then Criminal charges will be sought against Chris Lock.

The action taken by IIG in locking Roy Morgan Research out of its premises is not only illegal , it is vexatious and the information provided to the media is mischievous, wrong in fact and defamatory with potentially large damages.

Gary Morgan expresses concern about the stress this causes staff so close to Christmas.
View Report

ends

Advertisement - scroll to continue reading

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 
 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.