Federal Court of Australia
Federal Court of Australia
Australian Securities and Investments Commission v Marco (No 10) [2021] FCA 1342 File number: WAD 481 of 2018
Judgment of: MCKERRACHER J
Date of judgment: 29 October 2021
Catchwords: CORPORATIONS – application by Court-appointed receivers for interim payment of remuneration pending determination by a registrar – fixing of an appropriate percentage for interim payment – whether interim payment is subject to appropriate safeguards
Cases cited: Australian Securities and Investments Commission v Marco (No 7) [2021] FCA 429 Australian Securities and Investments Commission v Marco (No 8) [2021] FCA 885
Division: General Division
Registry: Western Australia
National Practice Area: Commercial and Corporations
Sub-area: Corporations and Corporate Insolvency
Number of paragraphs: 4
Date of last submissions: 27 October 2021
Date of hearing: Determined on the papers
Counsel for the Receivers: M A Chai with Mr J Salman
Solicitor for the Receivers: Ashurst Australia
ORDERS WAD 481 of 2018
BETWEEN: AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION Plaintiff
AND: CHRIS MARCO First Defendant
AMS HOLDINGS (WA) PTY LTD (RECEIVERS APPOINTED) (ADMINISTRATORS APPOINTED) (ACN 164 700 485) Second Defendant
AMS HOLDINGS (WA) PTY LTD (RECEIVERS APPOINTED) (ADMINISTRATORS APPOINTED) (ACN 164 700 485) AS TRUSTEE FOR AMS HOLDINGS TRUST Third Defendant
ROBERT MICHAEL KIRMAN AND ROBERT CONRY BRAUER AS RECEIVERS Interested Persons
CAMERON HUGH SHAW, RICHARD ALBARRAN and MARCUS JON WATTERS OF HALL CHADWICK Interested Persons
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