CORPORATIONS – application by administrators for leave under s 44C(2)(c) of the Corporations Act 2010 (Cth) to dispose of property of the companies under administration that is subject to a security interest and property used or occupied by, or in the possession of, the companies under administration but of which someone else is the owner – where application made urgently because of condition precedent to sale proposed by administrators – whether arrangements made that would adequately protect the interests of the secured parties and owners of the property being sold – ancillary relief granted under s 447A of the Corporations Act to ensure that intellectual property rights can be transferred unencumbered by security interests
