23 May 2003
RE KILLARNEY PASTORAL LTD
- Citation
- RE KILLARNEY PASTORAL LTD
- Court
- Court of First Instance
- Case number
- HCMP4771/2002
The court granted the liquidators' applications to expunge specific proofs of debt and to waive specified claims because the companies lacked sufficient assets, the creditors (or their representatives) had authorised the liquidators to seek such orders and given supporting orders and findings in related Australian proceedings it was appropriate to allow participation in a pooling scheme and enable the Australian liquidator/receiver to accept proofs as trustee for distribution.