Australia: Stuck in the middle - Court finds liquidators personally liable for environmental remediation costs

In brief

Filed under:
Australia, Queensland, Environment & Climate Change, Insolvency & Restructuring, Litigation, Baker McKenzie, Mediation
Authors:
Ian Innes , Peter Lucarelli , Lauren Kirkwood , Guy Dwyer , Ilona Millar
Location:
Australia
Firm:
Baker McKenzie
Australia: Stuck in the middle - Court finds liquidators personally liable for environmental remediation costs

 

In brief

Filed under:
Australia, Queensland, Environment & Climate Change, Insolvency & Restructuring, Litigation, Baker McKenzie
Authors:
Ilona Millar , Lauren Kirkwood , Guy Dwyer , Peter Lucarelli , Ian Innes
Location:
Australia
Firm:
Baker McKenzie
Australia: Stuck in the middle - Court finds liquidators personally liable for environmental remediation costs

In brief

Filed under:
Australia, Queensland, Environment & Climate Change, Insolvency & Restructuring, Litigation, Baker McKenzie
Authors:
Ian Innes , Peter Lucarelli , Ilona Millar , Lauren Kirkwood , Guy Dwyer
Location:
Australia
Firm:
Baker McKenzie
Not Easy Being Green: Insolvency Practitioners on Further Notice of Personal Liability for Environmental Obligations

Liquidators, administrators and receivers in Queensland are on notice that they may face serious personal consequences if they fail to cause companies to which they are appointed to comply with Environmental Protection Orders (EPOs).

Re Linc Energy Limited (In Liquidation) [2017] QSC 53 (13 April 2017) has determined that liquidators may not be able to escape obligations under an EPO by issuing a disclaimer notice.

Filed under:
Australia, Queensland, Environment & Climate Change, Insolvency & Restructuring, Litigation, Baker McKenzie, Liquidator (law), Corporations Act 2001 (Australia), Queensland Supreme Court
Authors:
Ian Innes , Lauren Kirkwood
Location:
Australia
Firm:
Baker McKenzie
Not Easy Being Green: Insolvency Practitioners on Further Notice of Personal Liability for Environmental Obligations

Liquidators, administrators and receivers in Queensland are on notice that they may face serious personal consequences if they fail to cause companies to which they are appointed to comply with Environmental Protection Orders (EPOs).

Re Linc Energy Limited (In Liquidation) [2017] QSC 53 (13 April 2017) has determined that liquidators may not be able to escape obligations under an EPO by issuing a disclaimer notice.

Filed under:
Australia, Queensland, Environment & Climate Change, Insolvency & Restructuring, Litigation, Baker McKenzie, Liquidator (law), Corporations Act 2001 (Australia), Queensland Supreme Court
Authors:
Ian Innes , Lauren Kirkwood
Location:
Australia
Firm:
Baker McKenzie
Australia: Stuck in the middle - Court finds liquidators personally liable for environmental remediation costs

In brief

Filed under:
Australia, Queensland, Environment & Climate Change, Insolvency & Restructuring, Litigation, Baker McKenzie
Authors:
Ian Innes , Peter Lucarelli , Ilona Millar , Maria O'Brien , Lauren Kirkwood , Guy Dwyer
Location:
Australia
Firm:
Baker McKenzie
Australia: Stuck in the middle - Court finds liquidators personally liable for environmental remediation costs

 

In brief

Filed under:
Australia, Queensland, Environment & Climate Change, Insolvency & Restructuring, Litigation, Baker McKenzie
Authors:
Ilona Millar , Lauren Kirkwood , Guy Dwyer , Maria O'Brien , Peter Lucarelli , Ian Innes
Location:
Australia
Firm:
Baker McKenzie