High Court decision impacts how complex structures are liquidated
Recent decision indicates a shift away from the objective of using pooling orders to improve outcomes for creditors, like minimising liquidation costs.
liquidation
Insurers’ liability to third parties: CGU Insurance Limited v Blakeley & Ors
At issue in CGU Insurance Limited v Blakeley & Ors was whether the liquidator of a company was entitled to join an insurer to proceedings for…