Winding Up a Foreign Company in Australia

Paul Buitendag and Ali Abachi of HFW explain how Australian courts can exercise a discretionary jurisdiction under Part 5.7 of the Corporations Act to wind up foreign companies with a sufficient local nexus, examining the decisions in Re Anagram International LLC and W Capital Advisors v Mawson Infrastructure Group to highlight the insolvency threshold, standing issues, and the limited impact of parallel foreign proceedings.

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