All publications relating to ‘Insolvency’
Practice note: Approval of provisional liquidator’s remuneration
In Brief In the Matter of CB Constructions (NSW) Pty Ltd [2014] NSWSC 913 is a recent decision of Justice Black which provides a timely reminder of the matters which need to be addressed when seeking court approval for the remuneration of a provisional liquidator under section 473(2) of the Corporations Act 2001 (Cth)…
Extending a convening period before it expires — relevant principles
In Brief The administrator of a company under administration must convene a meeting of the company’s creditors within the convening period set out in section 439A(5) of the Corporations Act 2001 (Cth) or as extended by the Court under section 439A(6). The courts have shown a willingness to extend the convening period provided there…