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Benjamin Hornigold Ltd Faces Ongoing Litigation in Loan Recovery Efforts

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Benjamin Hornigold Ltd Faces Ongoing Litigation in Loan Recovery Efforts

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Benjamin Hornigold Ltd. ( (AU:BHD) ) has issued an update.

Benjamin Hornigold Ltd (BHD) is currently engaged in litigation to recover outstanding loans from John Bridgeman Limited and JB Financial Group Pty Ltd, amounting to a total of $7.8 million. Despite a court-ordered mediation on October 29, 2025, no settlement was reached, and the final court hearing is scheduled for July 2026. The company has been involved in legal proceedings since September 2023, following the liquidation of JB Financial Group and the insolvency of John Bridgeman Ltd. Additionally, former executives of BHD have been charged by ASIC with breaches of duty and misleading conduct, and JB Markets Pty Ltd, which operated under JBL’s financial services license, has had its license revoked.

More about Benjamin Hornigold Ltd.

Average Trading Volume: 91,385

Technical Sentiment Signal: Sell

See more insights into BHD stock on TipRanks’ Stock Analysis page.

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