NSW case sheds light on insolvency practitioners’ claims against de facto directors

Hannah Griffiths and Jemimah George of Pinsent Masons note that while caution ought to be exercised when pursuing de facto director claims, a recent decision illustrates that where liquidators avail themselves of their investigative powers, and where there is sufficient evidence available, these claims can be successfully pursued by liquidators and improve prospective returns to creditors in the liquidation of a company.

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