Schmitt v Carter [2014] FCA 1370

FEDERAL COURT OF AUSTRALIA

Schmitt v Carter [2014] FCA 1370 Citation: Schmitt v Carter [2014] FCA 1370

Parties: TREVOR RICHARD SCHMITT v PHILIP CARTER, NICHOLS MARTIN and MARCUS AYRES

File number: NSD 936 of 2014

Judge: GLEESON J

Date of judgment: 15 December 2014

Catchwords: CORPORATIONS – appeal against decision of administrators of deed of arrangement pursuant to s 1321 of Corporations Act 2001 (Cth) – where decision to classify plaintiff as "Class C Creditor" under deed to be paid pari passu – whether plaintiff should be classified as "Class B Creditor" to be paid in full – where plaintiff made claim for "unpaid salary" – whether claim is "retrenchment payment" under s 556(1)(h) – whether claim includes amount attributable to non-priority days under s 556(1C) – application refused

Legislation: Companies and Securities Legislation (Miscellaneous Amendments Act 1985 (Cth) Corporations Act 2001 (Cth) ss 9, 436A, 554A, 555, 556, 1321 Fair Work Act 2009 (Cth)

Cases cited: Automatic Fire Sprinklers Pty Ltd v Watson (1946) 72 CLR 435 Baini v The Queen (2012) 246 CLR 469 Chan v Cresdon Pty Ltd (1989) 168 CLR 242 Fisher v Madden (2002) 54 NSWLR 179 Glass v Defence Force Retirement Benefits Authority (1992) 38 FCR 534 Hicks v Minister for Immigration & Multicultural & Indigenous Affairs [2003] FCA 757 Irons v Merchant Capital Ltd (1994) 116 FLR 204 J&G Knowles and Associates Pty Ltd v Commissioner of Taxation (2000) 96 FCR 402 March v Stramare (1991) 171 CLR 506 McEvoy v Incat Tasmania Pty Ltd (2003) 130 FCR 503 McGrath v Sturesteps (2011) 81 NSWLR 690 R v Khazaal (2012) 246 CLR 601 Republic of Croatia v Snedden (2010) 241 CLR 461 Sunbird Plaza Pty Ltd v Maloney (1988) 166 CLR 245 Undershaft (No 1) Ltd v Commissioner of Taxation (2009) 175 FCR 150; [2009] FCA 41 WBM v Chief Commissioner of Police [2012] VSCA 159