Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Preston, in the matter of Hughes Drilling Limited (Administrators Appointed) [2016] FCA 1175 File number: NSD 1640 of 2016
Judge: YATES J
Date of judgment: 26 September 2016
Catchwords: CORPORATIONS – external administration – administrators' liability and indemnity for debts in administration – funding arrangement – whether to vary the liability of administrators
Legislation: Corporations Act 2001 (Cth) ss 443A, 447A, Pt 5.3A
Cases cited: In the matter of Renex Holdings (Dandenong) 1 Pty Ltd (administrators appointed) [2015] NSWSC 2003 Re Mentha (in their capacities as joint and several administrators of the Griffin Coal Mining Company Pty Ltd (admins apptd) (2010) 82 ACSR 142; [2010] FCA 1469 Secatore, in the matter of Fletcher Jones and Staff Pty Ltd (Administrators Appointed) [2011] FCA 1493
Date of hearing: 26 September 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: 21
Counsel for the Plaintiffs: Mr D Hughes
Solicitor for the Plaintiffs: Clayton Utz
ORDERS NSD 1640 of 2016 IN THE MATTER OF HUGHES DRILLING LIMITED (ADMINISTRATORS APPOINTED) ACN 124 279 750 JASON PRESTON, WILLIAM JAMES HARRIS AND SHAUN FRASER IN THEIR CAPACITIES AS JOINT AND SEVERAL VOLUNTARY ADMINISTRATORS OF HUGHES DRILLING LIMITED (ADMINISTRATORS APPOINTED) (ACN 124 279 750) (and others named in the Schedule) Plaintiffs
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