11 Apr 2013
HARRIS V MORSE AND ORS HC AK CIV 2013-404-000071
- Citation
- openlaw-97923b4c_eacb_41bb_bd18_b806a8fffc8e.pdf
- Court
- High Court
There was no intention to create an express trust and no certainty as to subject matter; representations relied on for estoppel were not shown to have been made or authorised by the secured creditors, so the Fund is Company property and must be distributed to creditors according to applicable priorities.