Is it a cram down or is it not? That's the question a judge will have decide if proceedings currently afoot in the NSW Supreme Court are not soon resolved. And if the dispute goes to hearing the outcome could see two incumbent deed administrators (DAs) punted, a DoCA terminated and a mid-tier builder wound up.
The matter came to iNO's attention last week when the court was told that a plaintiff Owners Corporation would seek to terminate a deed of company arrangement (DoCA) that was executed - with the help of a . . .
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