Court dismissed individual's appeal against external administrator's decision to terminate contract due to insolvency.
Legislator-Zusammenfassung
KI-generiertThe court dismissed the individual's appeal against the external administrator's decision to terminate the contract. The administrator argued that termination was necessary to preserve the debtor's assets following the insolvency proceedings. The court ruled that the administrator's decision was lawful and within their statutory powers to manage the estate.
Legislator-Regeste
KI-generiertInsolvency Act; Bankruptcy Act: An external administrator may terminate a contract to preserve assets, and such decisions are not subject to individual appeal if made in accordance with statutory procedures.
Schlagwörter
KI-generiertZitierte Gesetzesbestimmungen
KI-generiertVolltext
!""# $%"#%&&"' () ) *( + )), #-"!&.&'+ / 000000 000%00 0000 0000 00000+ 11 000000 00000 00+ ! " #$%&'%(&&)% % ! * ()+&,&),&&('#& - ./0. )2* ( //( )),3,()4 )25 /)) 36/) * ( / 2* ()(7/) ) 8 ) /))/26 / 3/3 9)2)3( //, ,) 1 -- * - 23- 2#4(!(,#44,#45,#4' 6 7 - ! " #$%&'%(&&)% % * ()+&,&),&&('#& ,% 8 -! 3 % .77- - -* - 8 - 295 #$ # * #(& :7 7 ; * 7 9(&& : - % .2++ (,4 , * ,
7 -
*
9(& %
3/ , (,*)() )*)3 /,3 / "!!""$-'." (93) 3 / !!"!--#.".: ,(;)/)(*6),3)) (* "!!""#&"$--'
!<!= - - )())9 *) 3)/ ,/ < *2=)2/)/ -6 32// //*) ) (6, 62 ) * 3) , )())9+ 3*) )(/ // /( )())9 *) /( *2( / ) 6 ,3/ "(3 *)!""# //&>"" / 3) )())9 *) (, * ( / / ), )2/))() ))9)/ *2,"</* ?*( =6 3 2// "$(3 *)!""# )() )*) )9 ( * ( // )) ,3,) )2/+ 36/) / * ( / 2/ 3) *,3,) )(,2/ ) *( ()