💨 Abstract

Rugby Australia (RA) is planning a legal counter-claim against the directors of the defunct Melbourne Rebels, who are suing RA over the collapse of the Super Rugby club. The directors are seeking A$30 million in damages, but RA alleges the directors were misleading and deceptive about the club's financial position, leading RA to provide a participation licence and lose over A$35 million.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖