Insolvency Law Reform - Has the time come for seismic change? - Issue 4

Andrew Blundell of Cathro & Partners makes the case for why reform is needed in relation to the treatment of trusts with corporate trustees during insolvency, noting that this has long been an area of contention and confusion for external administrators and creditors alike, with one of the fundamental issues arising from the operation of a trust deed in the event of an external administration appointment to the trust’s corporate trustee.

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