Guillotine evaded, but indemnity costs the price
DCL Advisory’s Thomas Dawson. A recent decision of the NSW Supreme Court has highlighted why liquidators and their legal advisors need not think an absolute guillotine order precludes them from having a fresh crack, though in winning a motion to amend, liquidator Thomas Dawson has also copped an indemnity costs order for delay. In Dawson as liquidator of J R Line and Safety Services Pty…
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