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15 Sep 2008, 3:05 am
There is a difference between temporary illiquidity and "an endemic shortage of working capital whereby liquidity can only restored by a successful outcome of business ventures in which the existing working capital has been deployed": Hymix Concrete Pty Ltd v Garritty (1977) 2 ACLR 559, at 566; Re Newark Pty Ltd (in liq); Taylor v Carroll (1991) 6 ACSR 255. [read post]
17 Oct 2018, 3:59 am
Mr Tsujimoto founded the games company Capcom and, not content with that success, bought up a swathe of Napa Valley in 1990 to found a winery. [read post]
