Insolvency practitioners should take note of a recent NSW Supreme Court decision that adopted a broad approach to the legislation imposing liability on receivers and mortgagees in possession for rent or other amounts payable under a property contract. The same reasons would extend to voluntary administrators' liability. Partner Michael Quinlan (view CV) and Law Graduate Jack Power report.
http://www.aar.com.au/pubs/insol/foinsoloct10.htm?email=true
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