A hotly anticipated decision in the ongoing saga of the Babcock & Brown liquidation was handed down last week, resulting in another win for the liquidator (represented by Johnson Winter & Slattery) and further highlighting the challenges facing liquidators when they are thrust into a quasi-judicial function when assessing proofs of debt.
Filed under:
Australia, Capital Markets, Insolvency & Restructuring, Litigation, Johnson Winter Slattery, Share (finance), Shareholder, Asset management, Investment management, Debt, Liquidation, Liquidator (law), Market value, Listing Rules, Global financial crisis, Australian Securities Exchange, Corporations Act 2001 (Australia), Federal Court of Australia
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