No Winners Here - Court Appoints Provisional Liquidators To Company To Preserve Status Quo

Mark Hyde and Lawrence Lee of Lavan discuss the recent application for the appointment of provisional liquidators to controversial training and promotions company Roxy’s Bootcamp Pty Limited, noting that a rapid and irreconcilable deterioration of the relationship between a company’s directors and shareholders which significantly impacts on the continuation of business operations may create a situation which justifies the appointment of provisional liquidators.

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