GT40s.com - View Single Post - Old Roaring Forties Windup and Distribution?

Trevor Booth · 06-14-08, 05:08 AM

Ron,
the law in Oz is that all creditors get an equal cents in the dollar distribution. The liquidators have to lodge all docs with Aust Sec Commision (ASIC) and I think also the applicable court. You are entitled to ask for a final list of creditors, the claimed amount, and the $ distribution that each recd. This doc will also show priority creditors and the liquidators fees.

Trevor

06-14-08, 05:08 AM	#18 (permalink)
Trevor Booth nota2266 Lifetime Premier Supporter Join Date: May 2004 GT40: Kurrajong, Australia Posts: 350 Rep Power: 8	Re: Old Roaring Forties Windup and Distribution? Ron, the law in Oz is that all creditors get an equal cents in the dollar distribution. The liquidators have to lodge all docs with Aust Sec Commision (ASIC) and I think also the applicable court. You are entitled to ask for a final list of creditors, the claimed amount, and the $ distribution that each recd. This doc will also show priority creditors and the liquidators fees. Trevor __________________ Trevor Booth, Finished assembling a pile of bits incl, mono, 302W on IDF's,ZF, 15" pin drive BRM.