From insolvencynewsonline.com.au: Project Sea Dragon Pty Ltd’s Deed of Company Arrangement (DoCA) termination didn’t affect the lien and right of indemnity of the administrators, Andrew Fielding and Shaun McKinnon, setting a precedent for insolvency cases.

The Federal Court’s ruling reinforces administrators’ equitable rights post-liquidation and underscores the need for clear contractual provisions in DoCAs.