MWP is pleased to announce that on Friday 25th March 2011, the NSW Supreme Court, Commercial Division in Equity, rejected the application of Mr. Nicholls to vary and lift the worldwide freezing and disclosure orders in place against him

It will be recalled that such freezing and disclosure orders are also in place against Mr. Slater, personally, as the second Temujin Partner, alongside Mr. Emmott, as well as their vehicles involved in the fraud: Temujin International Limited (both in it’s own right and in its capacity as the Trustee of the Temujin Trust), Temujin Services Limited, Temujin International FZE, Temujin Holdings Limited, PJT International Pty., Limited, (both in it’s own right and in its capacity as the Trustee of the PJT Trust), and PJT Corporate Services Pty., Limited in the amount of A$16m, and which freezing orders have captured their personal assets and homes in Sydney and Canberra, Australia, respectively.