Australia: Bankruptcy law update: The loan agreement created a trust so avoided the preference provisions – a … – Mondaq News Alerts (registration) - June 16, 2017

Australia: Bankruptcy law update: The loan agreement created a trust so avoided the preference provisions – a …
Mondaq News Alerts (registration)
On 18 March 2014, the Deputy Commissioner of Taxation presented a creditors' petition against the estate of Ms Alex after failing to comply with a Bankruptcy Notice. On 1 June 2014, Quality Australia Investments Pty Ltd (QAI) entered into a loan …
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