December 9, 2016 / 4:52 AM / 7 months ago

BRIEF-Myer Holdings updates on legal proceedings

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Dec 9 (Reuters) - Myer Holdings Ltd :

* Supreme Court of Victoria on Dec 9 2016 held that in this action Court's process has been engaged for illegitimate or collateral purpose

* Refers to announcement of 26 March 2015 and legal proceedings that were served against co on 25 March 2015 by shareholder

* Myer says court will grant a stay of proceeding which means that, subject to any appeal, MCI may not continue proceeding against company Source text for Eikon: Further company coverage:

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