Norton White Insolvency Update - April 2006
Norton White's April Insolvency Update contains: a report on a recent unfair preference victory against ATO which turned on the "No reason to suspect insolvency" defence; summaries of two recent cases, one dealing with the notice requirements in respect of administrators convening meetings of creditors and the other dealing with enlarging the powers conferred by the Court on a provisional liquidator; and a summary of the Black Stump case which concerned a failed application to the Court to allow the pooling of assets and liabilities of a group of companies.
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