DA takes the fifth on cram down DoCA

Jirsch Sutherland partner Andrew Spring copped a judicial warning and took advice about self-incrimination during the hearing last month of an application to terminate a deed of company arrangement (DoCA).

On June 12 and 13 Spring was cross-examined by counsel for the applicant, an Owners Corporation which had seen its claim for more than $7 million in respect of alleged defects in a residential development in Botany reduced through the DoCA to $200,000.

"The Administrators contend that Mr Spring exercised his casting vote appropriately and conscientiously by reference . . .


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