Liquidator granted approval to enter into funding agreements and confidentiality orders from the Federal Court

Thorn (liquidator), in the matter of South Townsville Developments Pty Ltd (in liq) (Company) involved an ex parte application by a liquidator seeking approval under section 477(2B) of the Corporations Act 2001 (Cth) (Corporations Act) to enter into agreements to fund existing litigation and a request for the suppression and non-publication of certain details in those agreements.

Background

Filed under:
Australia, Company & Commercial, Insolvency & Restructuring, Litigation, Gadens, Litigation funding, Corporations Act 2001 (Australia)
Authors:
Fidelis McGarrigan
Location:
Australia
Firm:
Gadens