A recent Western Australian Supreme Court case considered the insolvency of a partnership comprised of corporate members. When a partnership is
Any legislation or action which seeks to alter the pari passu distribution of an insolvent company's property amongst its creditors needs to be very
Alan Bond passed away last year, but the legal battles over the 1990 collapse of his Bell Group companies may yet continue. The High Court has
After nearly 20 years, the long running Bell litigation is almost over, with the Supreme Court of Western Australia having approved the settlement
The company P Hindle & Co Pty Ltd (WA) was placed in liquidation in 2008. Mr Huxtable was appointed as liquidator of the company (Liquidator). The
Whether you are a John Donne, Ernest Hemingway or Metallica fan, the above clause rings a bell.
Shareholders or members of managed investment schemes who need to know if it makes financial sense to sue a company and its directors will take comfort from the recent decision in the Western Australia Supreme Court, Snelgrove v Great Southern Managers Australia Ltd (in liq) (receiver and manager appointed) 2010 WASC 51, which allowed plaintiffs to access the insurance policies of the company to assess the viability of legal action.