institution of proceedings

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This judgment, plus other recent institution of proceedings alleging cartel conduct against Renegade Gas Pty Ltd and Speed-E-Gas (NSW) Ltd in August and then the Yazaki Corporation last week sends a strong signal to the business community that cartel conduct will not be tolerated.
As already announced, the meeting of the class of US Noteholders- creditors to vote on the amended plan of arrangement is still temporarily suspended, following the institution of proceedings, until settlement of the composition of that class of creditors.
Today we are announcing the institution of proceedings against Yazaki Corporation and its Australian subsidiary Australian Arrow Pty Ltd where we allege they engaged in cartel conduct when supplying Toyota.

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