Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Australian Securities and Investments Commission v Letten (No 26) [2018] FCA 744 File number(s): VID 95 of 2010
Judge(s): DAVIES J
Date of judgment: 15 May 2018
Catchwords: BANKRUPTCY AND INSOLVENCY – Application for orders that the receiver and manager, and liquidator of a group of unregistered managed investment schemes is justified in causing those entities to enter into and perform obligations under a settlement deed in respect of extant proceedings relating to liquidation; whether course of action in best interests of those with a claim to the net assets of the funds; assignment of judgment debt
Legislation: Corporations Act 2001 (Cth) Federal Court of Australia Act (Cth)
Cases cited: Australian Securities and Investments Commission v Letten (No 7) [2010] FCA 1231 Australian Securities and Investments Commission v Letten (No 22) [2014] FCA 681
Date of hearing: 15 May 2018
Registry: Victoria
Division: General Division
National Practice Area: Commercial and Corporations
Sub-area: General and Personal Insolvency
Category: Catchwords
Number of paragraphs: 7
Counsel for the Plaintiff: Mr R Strong
Solicitor for the Plaintiff: King & Wood Mallesons
Counsel for the First Defendant: Mr SJ Hibble
Solicitor for the First Defendant: Baker McKenzie
ORDERS VID 95 of 2010
BETWEEN: AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION Plaintiff
AND: MARK RONALD LETTEN (And others named in Schedule 1) First Defendant
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