Ciccarello, in the matter of Adelaide Property Development Pty Ltd ACN 118 023 868 v Cubelic [2008] FCA 141

FEDERAL COURT OF AUSTRALIA

Ciccarello, in the matter of Adelaide Property Development Pty Ltd ACN 118 023 868 v Cubelic [2008] FCA 141

CORPORATIONS LAW – source of power of Court to appoint receiver and manager of trust property held by trustee company – whether circumstances justified appointment of receiver and manager Corporations Act 2001 (Cth) Federal Court of Australia Act 1976 (Cth) Trustee Act 1936 (SA) Kizquari Pty Ltd v Prestoo Pty Ltd (1993) 10 ACSR 606 McEwen v Combined Coast Cranes Pty Ltd (2002) 44 ACSR 244 Surf Road Nominees Pty Ltd v Tass James [2004] NSWSC 61 Moorgate Tobacco Company Ltd v Phillip Morris Ltd (1980) 145 CLR 457 Barnes v Addy (1874) LR 9 Ch App 244 Vanmarc Holdings Pty Ltd v PW Jess and Associates Pty Ltd (2000) 34 ACSR 222 Cheung v Makmur Australasia Pty Ltd [2002] VSC 335 Yunghanns v Candoora No 19 Pty Ltd (No 2) (2000) 35 ACSR 34 The University of Western Australia v Gray (No 6) [2006] FCA 1825 Cadura Investments Ltd v Rototek Pty Ltd [2004] WASC 150 Vu v Luong (1996) 20 ACSR 493 ANDREW CICCARELLO AND ANDREW CICCARELLO PTY LTD v MARIJAN STEVE CUBELIC, ANTE MATE CUBELIC, ADELAIDE PROPERTY DEVELOPMENT PTY LTD (ACN 118 023 868), MARIJAN STEVE CUBELIC PTY LTD (ACN 117 341 518) AND ANTE MATE CUBELIC PTY LTD (ACN 117 341 509) SAD 163 OF 2007

MANSFIELD J

22 FEBRUARY 2008

ADELAIDE IN THE FEDERAL COURT OF AUSTRALIA

SOUTH AUSTRALIA DISTRICT REGISTRY SAD 163 OF 2007

IN THE MATTER OF ADELAIDE PROPERTY DEVELOPMENT PTY LTD ACN 118 023 868 BETWEEN: ANDREW CICCARELLO

First Plaintiff

ANDREW CICCARELLO PTY LTD

Second Plaintiff

AND: MARIJAN STEVE CUBELIC

First Defendant

ANTE MATE CUBELIC

Second Defendant

ADELAIDE PROPERTY DEVELOPMENT PTY LTD (ACN 118 023 868)

Third Defendant

MARIJAN STEVE CUBELIC PTY LTD (ACN 117 341 518)