CORPORATIONS — directors and officers — breach of duties under ss 180 and 181 of the Corporations Act 2001 (Cth) by making unsecured interest-free loan to foreign company associated with director with doubtful capacity to repay loan
CORPORATIONS — voidable transactions — payments to or for the benefit of director in circumstances where company is presumed insolvent — director was a creditor of the company but payments prejudiced company’s ability to pay other creditors — whether unreasonable director-related transactions within the meaning of s 588FDA of the Corporations Act 2001 (Cth)
Case Details
Citation[2022] NSWSC 647
CourtNSWSC
JurisdictionNew South Wales
Unlock so much more with Barrister AI
The full text is available to signed-in members, including the 2 later cases that cite this judgment.
