Thiess Infraco (Swanston) Pty Ltd, in the matter of National Express Group Australia (Swanston Trams) Pty Ltd v Smith [2004] FCA 1155

FEDERAL COURT OF AUSTRALIA

Thiess Infraco (Swanston) Pty Ltd, in the matter of National Express Group Australia (Swanston Trams) Pty Ltd v Smith [2004] FCA 1155 CORPORATIONS – administration – deed of company arrangement – compromise scheme – proof of debt – contingent creditor – breach of contract – no breach as at commencement of administration – proof admissible Bankruptcy Act 1825 (UK) s 56 Corporations Act 2001 (Cth) s 533(1) Asphaltic Wood Pavement Co (Lee & Chapman's case), In re (1885) LR 30 Ch D 216 referred to Barker, Ex part, (1803) 9 Ves Jun 110 cited Bowes v Chaleyer (1923) 32 CLR 159 cited Bunge Corporation, New York v Tradax Export S.A. Panama [1981] 1 WLR 711 cited Clough v Samuel [1905] AC 442 cited Dominion Coal Company, Limited v Dominion Iron and Steel Company, Limited [1909] AC 293 cited Fercometal S.A.R.L. v Mediterranean Shipping Co. S.A. [1989] AC 788 cited Foran v Wight (1989) 168 CLR 385 cited Forman & Co. Proprietary, Limited v The Ship "Liddesdale" [1900] AC 190 cited Groome, Ex parte (1744) 1 Atk 115 cited Hardy v Fothergill (1888) LR 13 AC 351 applied Holland v Wiltshire (1954) 90 CLR 409 cited Howard v Pickford Tool Co. Ld. [1951] 1 KB 417 cited Johnson v Agnew [1980] AC 367 considered Lam Soon Australia Pty Ltd (Administrator Appointed) v Molit (No 55) Pty Ltd (1996) 70 FCR 34 doubted in part Llynvi Coal and Iron Co, Ex parte , In re Hide (1871) 7 LR Ch App 28 referred to Mahoney v Lindsay (1980) 55 ALJR 118 cited McDermott v Black (1940) 63 CLR 161 cited McDonald v Dennys Lascelles Limited (1933) 48 CLR 457 considered Mehmet v Benson (1965) 113 CLR 295 cited Neeta (Epping) Pty. Limited v Phillips (1974) 131 CLR 286 cited New Oriental Bank Corporation, In re (No. 2) [1895] 1 Ch 753 cited Northern Counties of England Fire Insurance Co (McFarlane's Claim), In re (1880)LR 17 Ch D 337 cited Panther Lead Company, In re [1896] 1 Ch 978 cited Peter Turnbull and Company Proprietary Limited v Mundus Trading Company (Australasia) Proprietary Limited (1954) 90 CLR 235 cited Photo Production Ltd v Securicor Transport Ltd [1980] AC 827 cited Reis, In re; Ex parte Clough [1904] 2 KB 769 cited Sneezum, In re; Ex parte Davis, (1876) LR 3 Ch Div 463 applied Tropical Traders Limited v Goonan (1964) 111 CLR 41 cited Universal Cargo Carriers Corporation v Citati [1957] 2 QB 401 cited United Australia, Limited v Barclays Bank, Limited [1941] AC 1 referred to William W. Bierce, Limited, A Corporation v Hutchins 205 US 340 (1907) applied