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When can liquidators engage professional advisors without court approval?
The Supreme Court of Western Australia has recently delivered judgment in the case of Kitay v Frigger [No 2] [2024] WASC 113. The Court held that some, but not all, long-term costs agreements and retainers entered into by a liquidator required court approval. Depending on the circumstances, a liquidator may require court approval to enter into a long-term costs agreement or retainer.
Sleep Experts Share Tips for Conquering Sleep Apnea
Sleep apnea, which impacts sleep by restricting a sufferer’s airways, is a lot more common than most people realize. 6 million Americans have been diagnosed with sleep apnea, but many go undiagnosed, with up to 30 million people expected to be living with the disorder in the US alone.
Court finds cross-collateral mortgage vulnerable to challenge by liquidator
The Federal Court has recently delivered judgment in the case of Cooper as Liquidator of Runtong Investment and Development Pty Ltd (In Liq) v CEG Direct Securities Pty Ltd [2024] FCA 6, a case where a liquidator was successful in having a mortgage declared as an unreasonable director-related transaction.
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