Ommissions attract judicial ire as liquidators seek VA
WA Insolvency Solutions’ Greg Prout. An absence of the necessary degree of candour and concerns that independence might not be fully insulated from compromise have seen a judge refuse an application by liquidators for orders appointing them as voluntary administrators (VA) of a company in the grip of shareholder and Family Law disputes. “In the present matter, it is not the case that the above…
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