Australia: Insolvency insights: Rexel, unfair preferences and section 553C setoff – Mondaq News Alerts (registration) - March 24, 2017

Australia: Insolvency insights: Rexel, unfair preferences and section 553C setoff
Mondaq News Alerts (registration)
On 17 March, in Hambleton v Finn [2017] QDC 61, McGill SC DCJ of the District Court of Queensland applied the section 553C(1) setoff under the Corporations Act 2001 to a liquidator's insolvent trading claim against a director. His Honour followed the …
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