Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Liquidator must sell identified grouped assets as going concern if recommended; can run debtor only after committee consultation</h1> Where a creditor committee recommends sale under specified going-concern options or the liquidator considers those options value-maximising, the grouped assets and liabilities identified for resolution must be sold as a going concern; if the committee has not identified such groups, the liquidator will do so in consultation with the consultation committee. Sale under one specified clause could be offered exclusively only at the first auction and cannot be the sole post-first-auction option. If running the debtor as a going concern is viable, the liquidator may do so only after consulting and following advice of the consultation committee. The provision was subsequently omitted in October 2025.