Insolvency and Restructuring

Virtual Worldwide Creditors Meeting is Now a Reality

Contact: Piper Alderman (New South Wales, Australia)

With the continuing growth in companies trading in an online environment, it is increasingly common for liquidations to deal with creditors in numerous coutries around the world. It is also becoming more and more common for liquidators to deal with creditors who only ever traded with a company in an online manner.

Piper Alderman's insolvency team, headed by Warren Jiear teamed up with Blair Pleash of Hall Chadwick recently and appeared in the Supreme Court of Queensland seeking the Court's directions regarding the convening and conducting of an online meeting of creditors in circumstances where creditors are located in at least 35 different countries.

 

Read the entire article here.

For further information on this or any other insolvency or credit management issue, please contact Warren Jiear, Partner on wjiear@piperalderman.com.au or (07) 3220 7777.

< Back