CORPORATIONS – bare trustee – insolvency of a corporate trustee – necessary powers – s 81 of Trustee Act 1925 (NSW) – s 90-15 of the Insolvency Practice Schedule (Corporations) being Sch 2 to the Corporations Act 2001 (Cth) (Act) – analogous application of Pt 5.5 and Pt 5.6 of the Act to application and distribution of trust property – orders made
Original article available at: https://www.judgments.fedcourt.gov.au/judgments/Judgments/fca/single/2023/2023fca0991
For more information, see the original judgement.