Australia, April 12 -- New South Wales Land and Environment Court issued text of the following judgement on March 12:
1. The provisional liquidators of Crown Group Properties Pty Ltd, the 28th defendant in these proceedings, seeks a direction under s 90-15 of the Insolvency Practice Schedule (Corporations), [1] that they would be justified and acting reasonably in paying:
"...$531,074.81 to Quay Group Pty Ltd (Quay Group) and Westport Pty Ltd (Westport) as follows:
(a) $408,547.26 to Quay Group, being rental payments collected by [Crown Group Properties Pty Ltd] for Quay Group prior to the appointment of the Provisional Liquidators; and
(b) $122,527.55 to Westport, being rental payments collected by [Crown Group Properties Pty Ltd] for ...