In the matter of HIH Insurance Limited (in liquidation);; In the matter of

[2020] NSWSC 803

Supreme Court of NSW

Built by Barristers,
For Australian Law.

1. Corporations
2. › 19 year liquidation
3. › two court-appointed liquidators
4. › one liquidator retiring
5. › whether under old s.473 (pre-Insolvency Law Reform Act 2016) all liquidators must be removed in order to replace just one: at [12]-[20]
6. › Condon v Watson doubted
7. › appropriate to appoint a new liquidator
1. Statutory Construction
2. › whether construction has unreasonable consequences
3. › “subject to this Part”
4. › specific provisions prevail over general provisions