Deed Administrators

Court dismisses deed administrators’ amendathon

Mackay Goodwin’s director of insolvency operations Mitchell Ball. Domenic Calabretta. Amended originating processes, further amended originating processes, deeds of company arrangements and variants thereof – in the end perhaps it was all too much? “The orders in large part seek to bootstrap the obligations in the Amended DOCA by embodying those obligations in Court orders or otherwise to make specific orders in respect of matters…

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Administrators ousted as judge ditches dubious DoCA

Hogan Sprowles partner Michael Hogan. A decision from the NSW Supreme Court this week shines an unforgiving light on the handling of an administration by two Sydney practitioners who’ve been ousted after a creditor applied to have a deed of company arrangement (DoCA) terminated. “… unusually, in my experience, Mr Hogan indicated in evidence that the Administrators would now not seek to recover remuneration beyond…