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Judgment

In re Emergent Capital Limited (In Liquidation) - Preliminary Ruling

[2011] CIGC (FSD) 29 · FSD 0029/2011 (AJJ) · 2011-11-23

Construction of oral joint venture agreement (“equal funding, equal representation, equal equity”); Criteria for crediting sums to shareholder loan accounts; Interaction between express and implied JV terms; Treatment of pre‑incorporation expenditure; RAAL/KTC funding arrangements; Directions to JOLs on adjudicating proofs; Admissibility of AUD 600,000 advance on KTC loan account; Case‑management directions for consolidated hearing of creditor claims

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