Insights into Invalid Insolvency Appointments

by

Ed.

From cathropartners.com.au: (Video podcast) A discussion the importance of legal and correct appointments of administrators and receivers during business insolvency.

The episode highlights the potential personal liability for insolvency practitioners due to invalid appointments and the challenges they face in proving the reasonableness of their fees, which creditors can contest in court.

Creditors hold more influence than they often realise in the insolvency process, including the ability to challenge professional fees and impact court outcomes.

Filed under: Insolvency

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