NSW Supreme Court refuses leave to sue court-appointed liquidators
Wotton + Kearney acted for the court-appointed liquidators in response to an application for leave to commence proceedings against them for alleged negligence and misleading or deceptive conduct. The NSW Supreme Court dismissed the leave application and the proceedings with costs.
In this case alert, Cain Jackson, Patrick Boardman and Stephen Morrissey explain why this decision provides guidance on proceedings against court-appointed liquidators and the ability of liquidators to resist leave being granted.
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