Receivers

When the special purpose is the status quo

Meertens’ James McPherson. Hall Chadwick partner David Trim. Only in South Australia? Harsh perhaps but where an application was made by a creditor for the issue of examination summonses to individuals – some of whom weren’t directors or officers of the relevant company – shortly before the liquidator appointed filed a notice of intention to retire? Well then, the . . . Restricted Content Dear…

Read More

Receivers win $1 million from indemnifier in denial

Jirsch Sutherland’s Malcolm Howell. More than four years after the FEG Recovery Division (FEG) unpinned the grenade it had prepared for the receivers of Castel Electronics Pty Ltd (Castel), the now ex-receivers have obtained court-sanctioned indemnification from their appointor’s parent. In Department of Employment and Workplace Relations v Howell, in the matter of Castel Electronics Pty Ltd (No 3) [2026] FCA 266 Federal Court judge…