Tang, in the matter of Wright's Transport Pty Limited (in liq) v Wright (No 3) [2020] FCA 1122

FEDERAL COURT OF AUSTRALIA

Tang, in the matter of Wright's Transport Pty Limited (in liq) v Wright (No 3) [2020] FCA 1122 File number: NSD 548 of 2020

Judge: MARKOVIC J

Date of judgment: 10 July 2020

Date of publication of reasons: 6 August 2020

Catchwords: CORPORATIONS – application by liquidators seeking to be appointed as receivers and managers of assets and undertakings of trusts – application for orders pursuant to s 530C of the Corporations Act 2001 (Cth) authorising liquidators to dispose of property seized under a warrant – applications allowed

Legislation: Corporations Act 2001 (Cth), ss 420, 530C Federal Court of Australia Act 1976 (Cth), s 57

Cases cited: Apostolou v VA Corporation Aust Pty Ltd [2010] FCA 64; (2010) 77 ACSR 84 Australian Securities Commission v Fuller [1998] FCA 145 Bailey (liquidator) of Bruce Bros Floor Coverings Pty Ltd (in liq) v Trustee of the Bruce Bros Floor Coverings Trust, in the matter of Bruce Bros Floor Coverings Pty Ltd (in liq) [2018] FCA 1838 Caterpillar Financial Australia Limited v Ovens Nominees Pty Ltd [2011] FCA 677 In the matter of AAA Financial Intelligence Ltd (in liquidation) [2014] NSWSC 1004 In the matter of Double Bay Property Management Pty Ltd (in liq) [2020] NSWSC 203 In the matter of MINMXT Holdings Pty Ltd (In liquidation) [2017] NSWSC 156 Jones (Liquidator) v Matrix Partners Pty Ltd; in the matter of Killarnee Civil & Concrete Contractors Pty Ltd (in liq) [2018] FCAFC 40; (2018) 354 ALR 436 Suco Gold Pty Ltd (in liq) (1983) 33 SASR 99 Sutherland Re; French Caledonia Travel Service Pty Ltd (in liq) (2003) 59 NSWLR 361 University of Western Australia v Gray (No 6) [2006] FCA 1825