Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
McDonald v Park, in the matter of MCG Resources Pty Ltd (in liq) [2013] FCA 1052 Citation: McDonald v Park, in the matter of MCG Resources Pty Ltd (in liq) [2013] FCA 1052
Parties: WILLIAM JAMES MCDONALD and B MCDONALD (NO 2) PTY LTD (ACN 129 526 692) v JOHN RICHARD PARK AND KELLY-ANNE TRANFIELD AS LIQUIDATORS OF MCG RESOURCES PTY LTD (IN LIQUIDATION) (ACN 129 717 531) and MCG RESOURCES PTY LTD (IN LIQUIDATION) (ACN 129 717 531)
File number: QUD 690 of 2013
Judge: COLLIER J
Date of judgment: 15 October 2013
Catchwords: CORPORATIONS – application to terminate liquidation under s 482 Corporations Act 2001 (Cth) – application not opposed – company in business of acquiring coal mining tenements to develop land and mine coal – principles relevant to exercise of discretion under s 482
Legislation: Corporations Act 2001 (Cth) s 482
Cases cited: Deputy Commissioner of Taxation v Terramyer Pty Ltd (in liq) [2013] FCA 969 cited In the matter of Lorie Najjar & Sons Pty Ltd (in liq) (2013) 94 ACSR 561; [2013] NSW SC 798 cited In the matter of SNL Group Pty Ltd (in liq); SU v SNL Group Pty Ltd (in liq) [2010] NSWSC 797 cited QBE Workers' Compensation Pty Ltd v P Russell Enterprises Pty Ltd [2005] NSWSC 1128 cited Sevior v Morgan [2012] VSC 480 cited
Date of hearing: 15 October 2013
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