Oracle Insolvency Services' Nick Cooper.
Three appeals court judges have reversed a decision which found that the grant of a mortgage to a lender by a company which was subsequently placed in liquidation was an unreasonable director-related transaction.
The decision, delivered on Wednesday in CEG Direct Securities Pty Ltd v Cooper as liquidator of Runtong Investment and Development Pty Ltd (in liq) [2025] FCAFC 47, means
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