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Insolvency Insights: Recent Appeal Case Considers DOCA Release Of Long-tail Payment Rights
A Full Court decision clarifies whether future royalty payments and associated security rights can be extinguished by a deed of company arrangement in Australian insolvency proceedings. The case examines the distinction between contingent claims and mere expectancies, with significant implications for creditors holding long-term payment rights in the energy and resources sector.
Australia Insolvency
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Cooper Grace Ward
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