Australian Securities and Investments Commission v Piggott Wood & Baker (a firm) (No 4) [2008] FCA 1774

FEDERAL COURT OF AUSTRALIA

Australian Securities and Investments Commission v Piggott Wood & Baker (a firm) (No 4) [2008] FCA 1774

Ruddock v Vadarlis (No 2) (2001) 115 FCR 229 cited AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION v PIGGOTT WOOD & BAKER (A FIRM)

TAD 42 of 2001

HEEREY J

26 NOVEMBER 2008

HOBART

IN THE FEDERAL COURT OF AUSTRALIA

TASMANIA DISTRICT REGISTRY TAD 42 of 2001

BETWEEN: AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

Applicant

AND: PIGGOTT WOOD & BAKER (A FIRM)

Respondent

JUDGE: HEEREY J

DATE OF ORDER: 26 NOVEMBER 2008

WHERE MADE: HOBART

THE COURT ORDERS THAT:

1. The order of 20 October 2008 be varied by replacing par 1 of that order with the following: 1. The order of 13 December 2001, as varied by the orders of 20 August 2002, 29 August 2007, 25 February 2008 and 1 April 2008 be further varied: (a) in par 2(b)(xi), by deleting the words "the Guarantee Fund pursuant to section 108(2)(a)(iii) of the Legal Profession Act 1993 or, in the event that, and to the extent that, after 8 April 2008 such payment is not made from the Guarantee Fund within 7 days of being approved by the District Registrar, the Liquidator is entitled to be paid such remuneration, costs and expenses from"; and (b) by deleting par 2(c)(iii). 2. The order of 20 August 2002 be varied by deleting the words "from the Guarantee Fund pursuant to s 108(2)(a)(iii) of the Legal Profession Act 1993 or". 3. The Liquidator pay the costs of the Solicitors' Trust. Note: Settlement and entry of orders is dealt with in Order 36 of the Federal Court Rules. The text of entered orders can be located using eSearch on the Court's website. IN THE FEDERAL COURT OF AUSTRALIA

TASMANIA DISTRICT REGISTRY TAD 42 of 2001