21 Dec 2012
GOURMET FOOD HOLDINGS & LOMBE HC AK CIV-2012-404-7614
- Citation
- openlaw-c0836efd_583b_4c17_ab7f_056782a2f4a3.pdf
- Court
- High Court
The Court allowed the administrators to continue to act because Deloitte's prior engagements with secured creditors were unrelated to the Rosella Group and did not create a real risk to the administrators' independence or ability to perform; the convening period was extended by 180 days because the complexity, cross-border nature, and coordinated Australian extension justified additional time to investigate and pursue a sale; full departure from statutory document service was refused as cost savings were modest but the notice period was extended to eight working days and notices must be adver…