Where’s the real fiend?

In something I was reading recently it posed firstly some facts and then a question that has actually haunted me since I read them. Sometimes little things can get in there and just eat away. The important thing with such information is its relevance, its authority and its reasonableness. Why are such things meaningful, well … Continued

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Liquidator’s additional remuneration approved by Court

The New South Wales Supreme Court provides directions under Section 511 of the Corporations Act for increasing a Liquidator’s previously approved remuneration. A recent Case of Westnet WA Infrastructure Holdings Limited(2015) deals with an unusual situation where a Liquidator in a Members’ Voluntary Liquidation involving ten related companies applies for directions under Section 511 of … Continued

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Court of Appeal backs Liquidator looking behind regulations

In the ongoing battle of the Environment Protection Authority (“EPA”) v Orchard Holdings (NSW) Pty Limited (In Liquidation), the Supreme Court of New South Wales Court of Appeal (“Court of Appeal”) in essence determined that Legislative Regulations cannot go beyond what the power that are conveyed in their relevant Act permits. Initially, the EPA sought … Continued

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