appointment of liquidator of former trustee company as receiver and manager of trust assets under s 57(1) of the Federal Court of Australia Act 1976 (Cth)
where liquidator does not hold sufficient assets to satisfy liabilities incurred while company was trustee
receiver and manager appointed over trust property to secure the trustee’s right of indemnity out of the assets of the trust
Case Details
Citation[2019] FCA 2133
CourtFCA
JurisdictionCommonwealth
Decision Date13 December 2019
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