24 Apr 2012
ANTHONY BUNTING, ELAINE TASSIE, GARY RAYMOND COOPER AND JANET MARY COOPER V JOHN BUCHANAN HC AK CIV 2011-404-003865
- Citation
- openlaw-c2838eb5_6d6a_487b_8290_c283338a6926.pdf
- Court
- High Court
Application to terminate liquidation dismissed because unit owners are contingent creditors, there is a real and unpredictable prospect of insolvency if claims succeed, the applicants' proposed protections did not adequately preserve the company's assets and income stream for creditors, and public interest and the need for liquidator investigations required the liquidation to continue.