Deeds of company arrangement
Academy Construction [2024] NSWSC 808
DOCAs facilitate voluntary administration by binding the company and others to certain procedures in the administration. This DOCA termination case raises how they are to be read. Black J (at [97]) said they are to be ‘construed as statutes or, more precisely, as subordinate legislation’ rather than as contracts14.
DOCAs derive their ‘operative …