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Funding Voluntary Administrations and a Proponent's right to recover deed contribution – What happens when the DoCA is Terminated?

Richard Fisher AM and Emanuel Poulos of Ashurst consider whether a DOCA proponent can recover its contribution when a DOCA is terminated, summarising a decision which supports a proponent’s right to recover funding, subject to appropriate provisions in the funding agreement and the funds being properly made the subject of an express trust.