Toil And Trouble: Assigning A Liquidator’s Cause of Action – Is It A Practical Power Or Just Fancy Wizardry?
Liquidators have a long list of powers and hold a pivotal role in the lifetime of a company – a charmed life, perhaps? The spellbook Corporations Act has always enchanted a liquidator with the ability to deal with company property, including causes of action. Abracadabra, section 477! In the Land of Oz, thanks to [...]