de Vries v Rapid Metal Developments (Australia) Pty Ltd

Receivers liability for taking possession of unidentifiable mixed assets

more+
less-

Receivers often come into possession of assets that have many owners, are mixed up and cannot be identified. Here one of the owners claimed hiring costs and replacement costs of the scaffolding under a contract. Section 419A(2) of the Corporations Act was considered by the Court and important points were made as to what claims can be made against a Receiver under that section.

LOADING PDF: If there are any problems, click here to download the file.

Reference Info:Decision | Australia


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Paul Fordyce | Attorney Advertising

Written by:

more+
less-

Paul Fordyce on:

JD Supra Readers' Choice 2016 Awards
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×