Somerset Ryckmans was instructed by Brian Silva and Geoffrey Granger to make an application to the Federal Court of Australia to be appointed as receivers and managers of the assets and undertakings of a Family Trust.
An contested application arose in circumstances where a beneficiary of the Family Trust sought to be appointed as receiver and manager.
The firm was ultimately in successful in having our clients be appointed as Receivers with the Court deeming that this was an appropriate course in the whole of the circumstances.
Link to the Judgment is here:
Silva, in the matter of Alon Pty Ltd (in liquidation) [2023] FCA 547
Silva, in the matter of Alon Pty Ltd (in liquidation) [2023] FCA 547
