Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Parker, In the matter of Purcom No 34 Pty Limited (In Liq) [2010] FCA 263
Citation: Parker, In the matter of Purcom No 34 Pty Limited (In Liq) [2010] FCA 263
Parties: GREGORY JAY PARKER and PURCOM NO 34 PTY LIMITED (IN LIQUIDATION) (ACN 006 794 672) v ROBERT FREDERICK LEE TUCKER, RICHARD JAMES TUCKER, PURCOM NO 34 ADMIN PTY LIMITED (ACN 134 158 508) (RECEIVER AND MANAGER APPOINTED), ANDREW ZISSIMOU, PRAHRAN TYRE CENTRE PTY LIMITED (ACN 138 747 225), GERARD CONLON and JUNE DANKS
File number: VID 636 of 2009
Judge: GORDON J
Date of judgment: 24 March 2010
Catchwords: CORPORATIONS – directors' duties – whether a scheme existed to divert assets away from one corporation to another – whether a director of the recipient of the assets knowingly participated and assisted in the scheme – receipt of "trust" property – whether transactions were uncommercial transactions
Legislation: Corporations Act 2001 (Cth)
Cases cited: Bell Group Ltd (in Liq) & Ors v Westpac Banking Corporations & Ors (No 9) (2009) 225 FLR 1 Bofinger v Kingsway Group Limited (2009) 239 CLR 269 Chew v R (1992) 173 CLR 626 Hamilton v Whitehead (1988) 166 CLR 121 Hospital Products Ltd v United States Surgical Corp (1984) 156 CLR 41 Michael Wilson & Partners Limited v Nicholls [2009] NSWSC 1033 News Ltd v Australian Rugby League Ltd (1996) 64 FCR 410 Parker, In the Matter of Purcom No 34 Pty Limited (In Liq) (ACN 006 794 672) (2009) 262 ALR 85 Parker, In the matter of Purcom No 34 Pty Limited (in liquidation) (ACN 006 794 672) (28 August 2009) Parker, In the matter of Purcom No 34 Pty Limited (in liquidation) (ACN 006 794 672) (No 2) (2 September 2009) Permanent Building Society (in liq) v Wheeler (1984) 11 WAR 187 Purcom No 34 Limited (Receiver Appointed) [2009] FCA 383 Re HIH Insurance Ltd (in prov liq) and HIH Casualty and General Insurance Ltd (in prov liq); Australian Securities and Investments Commission v Adler(2002) 168 FLR 253 Tesco Supermarkets Ltd v Nattrass [1972] AC 153 Visnic v Sywak (2009) 257 ALR 517 Warman International Limited v Dwyer (1995) 182 CLR 544
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