Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Longley v ACN 090 609 868 Pty Ltd (in liq) (formerly Solar Systems Pty Ltd) [2010] FCA 1468 Citation: Longley v ACN 090 609 868 Pty Ltd (in liq) (formerly Solar Systems Pty Ltd) [2010] FCA 1468
Parties: STEPHEN GRAHAM LONGLEY and DAVID LAURENCE MCEVOY v ACN 090 609 868 PTY LTD (IN LIQUIDATION) (FORMERLY SOLAR SYSTEMS PTY LTD) and THE PARTIES LISTED IN SCHEDULE 1
File number: VID 898 of 2010
Judge: FINKELSTEIN J
Date of judgment: 22 December 2010
Catchwords: CORPORATIONS – liquidation – whether permissible to distribute assets in specie to creditors
Cases cited: Ayerst (Inspector of Taxes) v C & K (Construction) Ltd [1976] AC 167 Commissioner of Taxation v Linter Textiles Australia Ltd (in liq) (2005) 200 CLR 592 Hands v Burton (1808) 9 East 349; 103 ER 606 Saxty v Wilkin (1843) 11 M & W 622; 152 ER 954 Smith v Battams (1857) 26 LJ Ex 232
Date of hearing: 3 November 2010
Date of last submissions: 23 November 2010
Place: Melbourne
Division: GENERAL DIVISION
Category: Catchwords
Number of paragraphs: 20
Counsel for the Plaintiffs: C Möller
Solicitor for the Plaintiffs: Minter Ellison
IN THE FEDERAL COURT OF AUSTRALIA VICTORIA DISTRICT REGISTRY GENERAL DIVISION VID 898 of 2010
IN THE MATTER OF ACN 090 609 868 PTY LTD (IN LIQUIDATION) (FORMERLY SOLAR SYSTEMS PTY LTD) AND THE PARTIES LISTED IN SCHEDULE 1 BETWEEN: STEPHEN GRAHAM LONGLEY and
DAVID LAURENCE MCEVOY
Plaintiffs
AND: ACN 090 609 868 PTY LTD (IN LIQUIDATION) (FORMERLY SOLAR SYSTEMS PTY LTD)
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