Catchwords:
CORPORATIONS – gold mining group – insolvency – voluntary administration – deed of company arrangement – rival deeds of company arrangement – dual track process – inadequacy of sale process – recapitalisation – capital raising of $85 million – role of administrators – conflict of interest – relevance of work prior to administration – adequacy of investigation – report to creditors – deficiency in report to creditors – precluding creditors from considering rival deeds of company arrangement – failure to adjourn second meeting of creditors – terminating deed of company arrangement – liquidation – application under ss 445D and 447A of Corporations Act 2001 (Cth) – COVID-19 special measures – relief refused
Article source: https://jade.io/viewArticle.html?aid=767759&pid=-1&h=117742325
