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  • Selling Assets Without A Secured Creditor’s Consent - Glen Cussen

Selling Assets Without A Secured Creditor’s Consent - Glen Cussen

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Glen Cussen, Partner, Cussen Advisory


Caledon Coal Group – A Case Study

The liquidators of the Caledon Coal Group successfully secured orders from the Supreme Court of Queensland under section 99 (2) of the Property Law Act (Qld) (similar provisions in other states) facilitating a sale of property free of the security interest of a secured creditor who refused to consent to the sale and agree to release its security. We look at the case, issues and consider the Court’s power to make an order for sale and how else the circumstances, and ability to sell, may be utilised.


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  • Home
  • About Us
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  • Previous Events
    • Bootcamp 2019
    • Bootcamp 2018
    • Insolvency 2018
    • Insolvency 2017
    • Insolvency 2016
    • Insolvency 2015
    • Bankruptcy 2018
    • Bankruptcy 2017
    • Bankruptcy 2016
    • Bankruptcy 2015
    • Bankruptcy 2014
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