Liquidators entitled to a fair fee
The New South Wales Court of Appeal recently handed down an important judgment on the remuneration of registered liquidators.
Australia, New Zealand, United Kingdom, Insolvency & Restructuring, Law Firm Management, Litigation, Buddle Findlay, Liquidator (law), Australian Securities and Investments Commission, Court of Appeal of England & Wales, New South Wales Supreme Court , New South Wales Court of Appeal
In March 2013, four portable gas turbines worth about AU$50m had been leased to Forge Group Power Pty Ltd (Forge) by GE International Inc (GE) as lessor. In February 2014 and March 2014 Forge was placed in administration and liquidation respectively.
Australia, New Zealand, Banking, Insolvency & Restructuring, Litigation, Buddle Findlay, Australian dollar, New South Wales Supreme Court