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John Gooley
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Judicial Advice
Judicial Advice
November 8, 2023
Judicial Advice to Trustees and External Administrators of Corporations - the Halifax litigation and the significance of section 581 of the Corporations Act
Use of Courts in providing judicial advice in appropriate circumstances of external administration and trust arrangements provides an opportunity for orderly and principled distribution of deficient and mixed funds held by a corporate group. This is particularly so where the administration or arrangements include intermixed funds across national borders.
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