Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Maloney, in the matter of ZYX Learning Centres Ltd (formerly ABC Learning Centres Ltd) (in Liq) [2016] FCA 398 File number(s): NSD 393 of 2016
Judge(s): JAGOT J
Date of judgment: 12 April 2016
Catchwords: CORPORATIONS – meaning of "final distribution" in liquidation – insufficient remaining funds to determine claims – remaining funds to be paid to ASIC
Legislation: Corporations Act 2001 (Cth), ss 479(3), 544(1)(b), 545(1), 579E
Cases cited: Goodin, in the matter of the United Order of the Free Gardeners Friendly Society Ltd (in Liq) [2008] FCA 1537 Walker, in the matter of ZYX Learning Centres (formerly A.B.C. Learning Centres Limited) (Receivers and Managers Appointed) (in Liq) [2015] FCA 146 Westnet WA Infrastructure Holdings Limited [2015] NSWSC 658
Date of hearing: 12 April 2016
Registry: New South Wales
Division: General Division
National Practice Area: Commercial and Corporations
Sub-area: Corporations and Corporate Insolvency
Category: Catchwords
Number of paragraphs: 18
Counsel for the Plaintiffs: Ms J.K. Taylor
Solicitor for the Plaintiffs: Addisons Lawyers
ORDERS NSD 393 of 2016 IN THE MATTER OF ZYX LEARNING CENTRES LTD (FORMERLY ABC LEARNING CENTRES LTD) (IN LIQUIDATION) ACN 079 736 664 MALONEY, IN HIS CAPACITY AS LIQUIDATOR OF ZYX LEARNING CENTRES LTD (FORMERLY ABC LEARNING CENTRES LTD) (IN LIQUIDATION) ACN 079 736 664 AND ZYX DEVELOPMENTAL LEARNING CENTRES PTY LTD (FORMERLY ABC DEVELOPMENTAL LEARNING CENTRES PTY LTD) (IN LIQUIDATION) ACN 010 788 502 Plaintiffs
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