The VCAT decision on PPN [only] has just become available on AUSTLII today.
A separate VCAT decision on the directors should be available soon.
No doubt the Board will use up every cent of shareholder money to try and fight this decision in the Supreme Court. Unless PPN can point out an "error in law", the Supreme Court may not even grant them leave to appeal.
Here is the link to the first of the VCAT decisions Hodgkin v Planet Platinum Ltd (Occupational and Business Regulation) [2011] VCAT 725 (4 May 2011):
"342 ....... A strong message must be sent to other licensed operators that unless licensed premises are managed in a proper manner and do not create a detriment to the amenity of the area, a severe penalty will be given. In this case nothing short of cancellation of the respondents licence and suspension of its nominee and directors will suffice. The management of this venue has put the safety of the people who visit the premises and those in the surrounding area at risk. It is a privilege to be allowed to serve liquor and it is required to be done with adherence to the laws and the licence and without adverse effect on the amenity of the area. Given the circumstances of this proceeding, nothing less than the penalties I propose would satisfy the collective conscience of the people of Victoria.
PPN Price at posting:
20.5¢ Sentiment: None Disclosure: Held