The Melbourne RIT team recently published an article on the decision of the Full Court of the Federal Court of Australia in Badenoch (No 1) [2021] FCAFC 64. On 24 June 2021, the Full Court published a second judgment that fixed the start and end dates of the ‘single transaction’ between Gunns and Badenoch.

The Gunns liquidators have since made a special leave application to the High Court to appeal both of the Full Court’s decisions.