R&D tax incentive refunds received post-liquidation are not circulating assets subject to employee priority under s 561 of the Corporations Act, and the doctrine of undisclosed principal may apply to identify the true employer where a subsidiary acts as employer of record without business activities or assets in corporate group structures.
The full text is available to signed-in members, including the 19 later cases that cite this judgment.
7 of the 19 citing cases carry a classified treatment. How each court treated it is available to signed-in members.