Australian court orders extensions to prevent administrators incurring liabilities
Credit: shutterstock.com/BaLL LunLa
In another decision providing assistance during the pandemic, the Federal Court of Australia has granted time extensions for the administrators of a media technology group to decide whether to adopt or give up its asset leases, helping them to avoid becoming personally liable after the usual five-day deadline.
To read more
Subscribe to Global Restructuring Review
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Register now
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.
Subscribe now