Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Neeeat Holdings (in liq) [2013] FCA 61 Citation: Neeeat Holdings (in liq) [2013] FCA 61
Parties: NEEEAT HOLDINGS (IN LIQUIDATION) (ACN 113 876 359) and DAVID ANTHONY ROSS (IN HIS CAPACITY AS LIQUIDATOR OF NEEEAT HOLDINGS PTY LTD) (IN LIQUIDATION) (ACN 113 876 350)
File number: VID 925 of 2012
Judge: KENNY J
Date of judgment: 8 February 2013
Catchwords: CORPORATIONS — Liquidation of corporate trustee — Trustee status lost upon liquidation — Whether liquidator can sell trust assets — Whether proceeds from sale of trust assets can be used to pay debts incurred as trustee — Whether proceeds from sale of trust assets can be used to pay costs of liquidator — Corporations Act 2001 (Cth) s 479(3).
Legislation: Corporations Act 2001 (Cth) Trustees Act 1962 (WA)
Cases cited: Caterpillar Financial Australia Ltd v Ovens Nominees Pty Ltd [2011] FCA 677 Re Suco Gold Pty Ltd (in liquidation) (1983) 33 SASR 99 Lemery Holdings Pty Ltd v Reliance Financial Services Pty Ltd (2008) 74 NSWLR 550 Ronori Pty Ltd v ACN 101 071 998 Pty Ltd [2008] NSWSC 246 Apostolou v VA Corporation Aust Pty Ltd (2010) 77 ACSR 84; [2010] FCA 64 13 Coromandel Place Pty Ltd v C L Custodians Pty Ltd (in liq) [1999] FCA 144 In re Universal Distributing Co Ltd (in liq) (1933) 48 CLR 171 In re Berkeley Applegate Ltd (No 2) [1989] 1 Ch 32 Re GB Nathan and Co Pty Ltd (in liq) (1991) 24 NSWLR 674
We try to embed the page this law was scraped from. If the site blocks framing, you still get the link and a local excerpt.
Last checked with source on —
Checking whether the official page can be embedded…
Plain-English simplify of this law: a short summary, key points, and both sides of the argument. Generated on first view via Replicate, then cached. Vote on what helps your study.
No study brief is cached for this law yet. Sign up to generate a plain-English brief.
Sign up to generate