Huxtable, in the matter of Timeshare Resort Club Ltd ACN 009 085 358 (in liq) [2010] FCA 673

FEDERAL COURT OF AUSTRALIA

Huxtable, in the matter of Timeshare Resort Club Ltd ACN 009 085 358 (in liq) [2010] FCA 673 Citation: Huxtable, in the matter of Timeshare Resort Club Ltd ACN 009 085 358 (in liq) [2010] FCA 673

Parties: IN THE MATTER OF TIMESHARE RESORT CLUB LIMITED ACN 009 085 358 (IN LIQ); THE APPLICATION OF CARL ALAN LOUIS HUXTABLE

File number: WAD 80 of 2010

Judge: BARKER J

Date of judgment: 25 June 2010

Catchwords: CORPORATIONS – application for determination of administrator's remuneration pursuant to s 449E(1)(c) of the Corporations Act 2001 (Cth) – whether legal fees constitute part of remuneration – legal fees held to be disbursements – remuneration does not include disbursements – remuneration for services rendered outside of the administration period cannot be determined by the Court

Legislation: Corporations Act 2001 (Cth) s 443A, s 443D, s 447A, s 447E, s 449E, s 556 Federal Court (Corporations) Rules 2000 (Cth) Code of Professional Practice for Insolvency Practitioners

Cases cited: Australasian Memory Pty Ltd v Brien [2000] HCA 30; (2000) 200 CLR 270 Farah Constructions Pty Ltd v Say-Dee Pty Ltd [2007] HCA 22; (2007) 230 CLR 89 GIS Electrical Pty Ltd v Melsom [2001] WASC 314 National Australia Bank Ltd v Market Holdings Pty Ltd [2000] NSWSC 1009; (2000) 50 NSWLR 465 Re Bosnjac Holdings Pty Ltd [2005] FCA 275; (2005) 53 ACSR 8 Re Korda [2004] FCA 1682; (2004) 140 FCR 424 Re Motor Group Australia Pty Ltd [2005] FCA 985; (2005) 54 ACSR 389 Re Trustees Executors and Agency Co Ltd (1984) 9 ACLR 497 Skafcorp Ltd v Jarol Pty Ltd [2002] NSWSC 1183; (2002) 44 ACSR 138 Venetian Nominees Pty Ltd v Conlan (1998) 20 WAR 96