CORPORATIONS — External Administration — Scheme of Arrangement — remuneration of Scheme Administrator — where mechanism for determining amount of remuneration has failed — whether court has power to amend scheme of arrangement — whether on true construction of scheme documents Scheme Administrator is entitled to remuneration calculated by reference to own firm's cost structure — held, Scheme Administrator is entitled to reasonable remuneration, alternatively to quantum meruit — whether failure of mechanism to determine amount of remuneration can be remedied by slip rule — whether Scheme Administrator is entitled to payment out of combined scheme funds without recourse to specific funds
Case Details
Citation[2013] NSWSC 898
CourtNSWSC
JurisdictionNew South Wales
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