Secured creditor claims to funds remaining after termination of DOCA - the latest word from the West
The recent judgment of the Western Australian Court of Appeal in Hughes v Pluton Resources Ltd 1, concerns the interaction between a deed of company arrangement (‘DOCA’) under Part 5.3A of the Corporations Act 2001 (Cth) (‘CA’) and the Personal Property Securities Act 2009 (Cth) (‘PPSA’).
Australia, Banking, Insolvency & Restructuring, Litigation, Johnson Winter Slattery, Secured creditor, Corporations Act 2001 (Australia)