CORPORATIONS — winding up — orders sought granting leave to plaintiffs to initiate and continue proceedings in the name of the company — where proposal to allow liquidators to commence proposed proceedings defeated at meeting of creditors of the company — where departing from general principle that proceedings in the name of a company in liquidation should be conducted by the liquidator — whether proposed claim has solid foundation — whether liquidator is financially protected — whether conflicting interests will arise when company brings cross-claim against the plaintiffs in the proposed proceedings — whether leave to commence and continue proceedings should be conditional on providing security for costs.
Case Details
Citation[2013] NSWSC 819
CourtNSWSC
JurisdictionNew South Wales
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