Ruling highlights risks for Australian voluntary administrators when new funding is available

Hannah Griffiths of Pinsent Masons reports that a recent Federal Court of Australia ruling highlights that voluntary administrators who fail to act promptly and transparently when new funding restores solvency risk adverse costs outcomes and loss of indemnity, underscoring the need to prioritise timely creditor engagement, clear communication, and focused solvency assessments over procedural delay.

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