Insights

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TGIF 12 August 2022 – Court finds statutory duties breached by ‘de facto director’

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TGIF 5 August – Court grants permission to investigate company despite limited expected returns

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TGIF 29 July 2022 – Court appoints provisional liquidator after relationship breakdown

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TGIF 22 July 2022 – Liquidating debts: three good reasons to settle for less

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TGIF 15 July 2022 – Court grants leave for service of summons outside the jurisdiction

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TGIF 8 July 2022 – Unreasonable director-related transactions left creditors ‘hanging out to dry’

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TGIF 1 July 2022 – Court imposes travel ban on director

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TGIF 17 June 2022 – Court agrees with Administrators’ decision to reduce a $5 million proof of debt to one dollar

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TGIF 10 June 2022 - No salvage lien to rescue administrators

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TGIF 3 June 2022 - Court declares a clear creditor-defeating disposition under new anti-phoenixing legislation

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TGIF 27 May 2022 - Non-party creditor ordered to pay portion of liquidators’ legal costs

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TGIF 20 May 2022 - High Court finds lenders not entitled to rely on certificates of independent advice

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TGIF 13 May 2022 - Court dismisses bid to restrain liquidators’ choice of representation

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TGIF 6 May 2022 – Can oppression relief still be extracted in liquidation?

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TGIF 29 April 2022 – Court rejects bid to appoint special purpose liquidator

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TGIF 22 April 2022 – High Court refuses special leave to liquidators liable for contaminated land