The founder of the famous Australian fashion brand did not think the terms of her exit would end up in the Supreme Court.
including creating and exhibiting luminescent sculptures and being a director of Heide Art Gallery.
The matter landed in the Supreme Court of Victoria late last year, when Factory X appealed an arbitration decision relating to Gorman’s attempts to sell her shares. The arbitration between Gorman and Factory X had been decided by renowned lawyer Justin Gleeson, SC.In that arbitration, Gleeson found that as part of her contract Gorman could only sell her shares in six-month intervals, rather than in one transaction as requested by Gorman.
The Supreme Court of Victoria threw out Factory X’s appeal this month, finding Gleeson’s ruling stood.
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