CORPORATIONS – Deed of Company Arrangement (DOCA) – termination of DOCA – DOCA no benefit to creditors – winding up likely to produce a better outcome – process of administration not being used to give company an opportunity to continue trading but to avoid investigation of suspected insolvent trading action and other potential claims against director
Original article available at: https://www.judgments.fedcourt.gov.au/judgments/Judgments/fca/single/2023/2023fca0705
For more information, see the original judgement.
