Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Fletcher and Barnet, in the matter of Octaviar Limited (Receivers and Managers Appointed) (In Liq) and Octaviar Administration Pty Ltd (In Liq) (No 2) [2011] FCA 315 Citation: Fletcher and Barnet, in the matter of Octaviar Limited (Receivers and Managers Appointed) (in Liq) and Octaviar Administration Pty Limited (in Liq) (No 2) [2011] FCA 315
Parties: WILLIAM JOHN FLETCHER AND KATHERINE ELIZABETH BARNET, OCTAVIAR LIMITED (ACN 107 863 436) (RECEIVERS AND MANAGERS APPOINTED)(IN LIQ) and OCTAVIAR ADMINISTRATION PTY LTD (ACN 101 069 390)(IN LIQ)
File number: NSD 255 of 2011
Judge: STONE J
Date of judgment: 7 April 2011
Catchwords: CORPORATIONS – joint liquidators – application pursuant to s 477(2B) Corporations Act 2001 (Cth) for approval of entry into investigation funding agreement – approval previously granted for entry into litigation funding agreement – investigation funding agreement predates litigation funding agreement approved nunc pro tunc – both parties to proposed agreement in liquidation – factors relevant to approval same as for litigation funding agreement – application under s 50 Federal Court of Australia Act 1976 (Cth) for confidentiality order – order necessary to prevent prejudice to administration of justice
Legislation: Corporations Act 2001 (Cth) s 477(2B), s 479(3), s 1322(4)(a) and (d) Companies (NSW) Code ss 377(1) and 379(3) Federal Court of Australia Act 1976 (Cth) s 50(1)
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