Warne v GDK Financial Solutions; Peridon Village Nominees, application of Billingham [2006] NSWSC 464

CORPORATIONS - winding up - company holds land used for retirement villages as trustee for unregistered managed investment scheme - company now in liquidation - vacant residential units - monies owing to outgoing residents and for administration of the retirement villages - whether the court should approve liquidators making new occupation agreements - whether court should give directions to support liquidators' proposal to pay outgoing residents and village administration expenses out of ingoing contributions, when winding up is incomplete

Acted for scheme investors representative, with Peter Wood of counsel, instructed by Arnold Bloch Leibler.