Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Ayres, in the matter of CMA Corporation Ltd (Administrators Appointed) [2013] FCA 875 Citation: Ayres, in the matter of CMA Corporation Ltd (Administrators Appointed) [2013] FCA 875
Parties: MARCUS WILLIAM AYRES, PHILIP PATRICK CARTER AND NICHOLAS JOHN MARTIN IN THEIR CAPACITIES AS JOINT AND SEVERAL ADMINISTRATORS OF CMA CORPORATION LIMITED ACN 113 329 016 (ADMINISTRATORS APPOINTED), CMA ASSETS PTY LTD (ADMINISTRATORS APPOINTED) ACN 112 821 735, CMA RECYCLING PTY LTD (ADMINISTRATORS APPOINTED) ACN 107 209 503, CMA RECYCLING VICTORIA PTY LTD (ADMINISTRATORS APPOINTED) ACN 005 667 103, CMA RECYCLING AUSTRALIA PTY LIMITED (ADMINISTRATORS APPOINTED) ACN 003 047 210, ASIA PACIFIC METALS PTY LTD (ADMINISTRATORS APPOINTED) ACN 109 950 861, ADVANCED RECYCLING AUSTRALIA PTY LTD (ADMINISTRATORS APPOINTED) ACN 083 514 863, ACN 147 849 545 PTY LTD (ADMINISTRATORS APPOINTED) ACN 147 849 545 and T & T METAL & ASBESTOS SERVICES PTY LTD (ADMINISTRATORS APPOINTED) ACN 061 970 572
File number: NSD 1749 of 2013
Judge: JACOBSON J
Date of judgment: 27 August 2013
Catchwords: CORPORATIONS – application by administrators pursuant to s 439A(6) of the Corporations Act 2001 (Cth) for extension of convening period – corporate group conducting domestic and international operations – whether Court satisfied that extending administration was in the best interests of creditors
Legislation: Corporations Act 2001 (Cth), ss 439A, 447A
Cases cited: Re Diamond Press Australia Pty Ltd [2001] NSWSC 313 Re Riviera Group Pty Ltd (2009) 72 ACSR 352
Date of hearing: 27 August 2013
Date of last submissions: 27 August 2013
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