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TGIF 29 May 2020: “Not worth the wait” : Court orders DOCAs be terminated with deed funds remitted to liquidators.

Australia - May 22 2020 Court has ruled a director’s resolution to appoint liquidators valid despite an express prohibition in the DOCA....

James Lucek-Rowley, Michael Catchpoole, Cameron Cheetham, Craig Ensor, Felicity Healy, Kirsty Sutherland, Michael Kimmins, Mark Wilks.

TGIF 8 May 2020: Court finds plenty of rough among the conduct of Merlin Diamonds

Australia - May 8 2020 This week’s TGIF considers the Federal Court’s decision in Australian Securities and Investments Commission v Merlin Diamonds Limited (No 3) 2020...

James Lucek-Rowley, Matthew Critchley, Michelle Dean, Michael Catchpoole, Cameron Cheetham, Craig Ensor, Felicity Healy, Kirsty Sutherland, Michael Kimmins, Mark Wilks.

TGIF 1 May 2020: Federal Court discretion and flexibility supports administrators during the COVID-19 pandemic

Australia - May 1 2020 On 20 April 2020, administrators were appointed to Virgin Australia Holdings Ltd and 37 of its subsidiaries (together, the Virgin Companies)...

James Lucek-Rowley, Matthew Critchley, Michelle Dean, Michael Catchpoole, Cameron Cheetham, Craig Ensor, Felicity Healy, Kirsty Sutherland, Michael Kimmins, Mark Wilks.

TGIF 24 April 2020: Leave refused - court-appointed liquidators protected from action by third parties

Australia - April 24 2020 This week’s TGIF considers the decision in Aardwolf Industries LLC v Riad Tayeh 2020 NSWSC 299, in which the Supreme Court of New South Wales...

James Lucek-Rowley, Matthew Critchley, Michelle Dean, Michael Catchpoole, Cameron Cheetham, Craig Ensor, Felicity Healy, Kirsty Sutherland, Michael Kimmins, Mark Wilks.

TGIF 17 April 2020: Not so business as usual - administrators relieved of personal liability for rent during the COVID-19 pandemic

Australia - April 17 2020 This week’s TGIF considers the decision in Strawbridge (Administrator), in the matter of CBCH Group Pty Ltd (Administrators Appointed) (No 2) 2020...

James Lucek-Rowley, Matthew Critchley, Michelle Dean, Michael Catchpoole, Cameron Cheetham, Craig Ensor, Felicity Healy, Kirsty Sutherland, Michael Kimmins, Mark Wilks.