Appeals court clarifies peak indebtedness rule in partial win for Gunns creditor

Restructuring & Insolvency 2021-05-11 12:57 pm By Miklos Bolza | Sydney

An unsecured creditor of collapsed forestry giant Gunns Group has partially succeeded on appeal of a judgment that ordered repayment of $2 million that Gunns had transferred in 2021 despite trading while insolvent.