Babcock & Brown Limited (in liquidation) proceedings settled
Monday, 19 September 2011 — EY today announced that it has settled the Babcock & Brown proceedings.
Agreement by EY to the terms of settlement is not an admission of liability and has been entered into solely to avoid the cost and inconvenience of litigation.
The terms of the settlement are confidential between the parties.
EY will not be commenting beyond this statement.
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