The session will explore the interaction of set-off under the Corporations Act 2001 (Cth) and at general law and equity in insolvency. Specifically, it will examine whether s 553C of the Corporations Act exclusively governs set-off in insolvency, excluding any contractual or equitable set-off rights.
Led by Brooke Willshire of Madsen O’Dea Agnew.
Required Reading:
Hamersley Iron Pty Ltd v Forge Group Power Pty Ltd