Beware of continuing liability for outgoing resident payments

A case this week in New South Wales involving a dispute between the residents of a retirement village and the operator of a retirement village reminded us of some of the issues that can arise when a village goes into liquidation.  

Filed under:
Australia, New South Wales, Insolvency & Restructuring, Litigation, Real Estate, McInnes Wilson Lawyers, Preferred stock
Authors:
Taryn Hartley
Location:
Australia
Firm:
McInnes Wilson Lawyers