Fairness and Good Faith: Court Examines AFCA’s Determination
- Published 20.05.2024
A recent decision in the Supreme Court of Western Australia has shed light on the types of costs agreements and retainers that, before they are entered into, liquidators must seek approval from a court or creditors: Kitay v Frigger (No 2) (WASC 2024)
Key Takeaways
WA directors fined $5,000 each for failing to obtain a Director’s Identification Number.
As these things do, this decision turns on its own facts however the salient lesson for all directors of all companies, big and small, is that since 30 November 2023 you MUST HAVE a Director Identification Number.
GPO Box 2554,
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Secretary, Department of Communities and Justice v Stewart (NSWCA 2024)
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GPO Box 2554,
Sydney NSW 2001
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Brennan v BWP (NSWPIC 2024)
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GPO Box 2554,
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Sydney NSW 2000
Wright v State of New South Wales (NSWCA 2024)
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Click here to read the full article.
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