Ashurst Restructuring Roundup

Due Diligence by Voluntary Administrators in respect of their Appointment

Robust Construction Services Pty Ltd [2023] NSWSC 1156 ("Robust")

Filed under:
Australia, Capital Markets, Insolvency & Restructuring, Litigation, Ashurst, Due diligence
Authors:
Richard Fisher , Emanuel Poulos
Location:
Australia
Firm:
Ashurst
Ashurst Restructuring Roundup

Communicating with Scheme Creditors: Beware of Zealous Advocacy

A-Cap Energy Limited [2023] FCA 1356 ("A-Cap") and Symbio Holdings Limited [2024] FCA 40 ("Symbio")

The main communication with scheme creditors is the explanatory statement approved at the first court hearing.

However, there can be other communications which are proposed to be sent to creditors.

In the case of other communications which are known at the time of the first hearing, they can include:

Filed under:
Australia, Banking, Insolvency & Restructuring, Litigation, Ashurst
Authors:
Richard Fisher
Location:
Australia
Firm:
Ashurst