One ship has berthed – the insolvency and trust law decision in Amerind
The Victorian Court of Appeal has resolved, for the moment, the complex issue of how a corporate trustee’s right of indemnity is to be dealt with upon a winding up, finding, contrary to the trial decision, that the Corporations Act and its insolvency priorities apply. See Commonwealth v Byrnes & Hewitt [2018] VSCA 41. Significantly […]