DOCAs – should ‘not much of a return to creditors but better than the liquidation alternative’ be enough?
Issued June 2021, re-issued January 2023 The WA Supreme Court has dismissed a challenge to deeds of company arrangement (DOCAs) that offered ‘not much of a return to creditors’ but ‘better than’ the liquidation alternative, an outcome in accord with the secondary objects of the voluntary administration regime under s 435A(b) of Part 5.3A of […]