Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Weston, in the matter of 7 Steel Distribution Pty Limited (ACN 131 352 364) (Administrators Appointed) (Receivers and Managers Appointed) (No 2) [2010] FCA 593 Citation: Weston, in the matter of 7 Steel Distribution Pty Limited (ACN 131 352 364)(Administrators Appointed)(Receivers and Managers Appointed) (No 2) [2010] FCA 593
Parties: PAUL GERARD WESTON AND DAVID GREGORY YOUNG IN THEIR CAPACITY AS JOINT AND SEVERAL ADMINISTRATORS OF 7 STEEL DISTRIBUTION PTY LIMITED (ADMINISTRATORS APPOINTED) (RECEIVERS AND MANAGERS APPOINTED) ACN 131 352 264 and 7 STEEL DISTRIBUTION PTY LIMITED (ADMINISTRATORS APPOINTED) (RECEIVERS AND MANAGERS APPOINTED) ACN 131 352 264
File number(s): NSD 338 of 2010
Judge: JACOBSON J
Date of judgment: 2 June 2010
Catchwords: CORPORATIONS – application to further extend the convening period for meeting of creditors – orders sought will maximise the chances of a better return to the company
Legislation: Corporations Act 2001 (Cth) ss 439A, 447 Corporations Amendment (Insolvency) Act 2007 (Cth)
Cases cited: Lombe re Australian Discount Retail Pty Limited [2009] NSWSC 110 followed Mentha, in the matter of The Griffin Coal Mining Company Pty Ltd (administrators appointed) [2010] FCA 499 followed Weston, in the matter of 7 Steel Distribution Pty Limited (ACN 131 352 364)(Administrators Appointed)(Receivers and Managers Appointed) [2010] FCA 344 referred to
Date of hearing: 2 June 2010
Date of last submissions: 2 June 2010
Place: Sydney
Division: GENERAL DIVISION
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