03 Oct 2003

Media Statement

Melbourne 3 October 2003: "Clayton Utz welcomes the decision of the High Court of Australia to refuse leave to appeal against the decision of the Victorian Court of Appeal in the matter of McCabe/Cowell v BATAS.

"The Court of Appeal judgment stands. The judicial process on these matters has now been exhausted.

"As one of Australia's pre-eminent law firms we have always been committed to upholding our reputation for providing clients with the highest standards of professional and ethical advice.

"We look forward to continuing to provide our clients with outstanding professional service.""

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Clayton Utz communications are intended to provide commentary and general information. They should not be relied upon as legal advice. Formal legal advice should be sought in particular transactions or on matters of interest arising from this communication. Persons listed may not be admitted in all States and Territories.