Work It Out: Corrs Reconstruction and Insolvency - September 2009

10 September 2009

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Welcome to the September 2009 edition of our Work It Out newsletter. In this edition we continue to provide you with an update on certain recent developments and news in the world of reconstruction and insolvency.

IN THIS ISSUE:

Recent developments in the following areas:

• Personal liability of officeholders for GST on post-appointment transactions
• Electronic notice of creditors’ meetings in Timbercorp
• Administrators’ equitable lien over fixed charge realisations
• Administrators’ power to borrow funds
• Liquidators’ casting vote at creditors’ meetings
• Mortgagees’ duties in exercising their power of sale
• First Australian application for recognition of foreign insolvency proceedings
• Administrators’ power to examine directors.

For a full copy of this document, please download the attached PDF using the link on the right.

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This article provides information about topical legal issues.
Information contained in this article is intended as an introduction only and should not be relied on in place of legal advice.