Algeri, in the matter of WBHO Australia Pty Ltd (Administrators Appointed) (No 2) [2022] FCA 234

Federal Court of Australia

Algeri, in the matter of WBHO Australia Pty Ltd (Administrators Appointed) (No 2) [2022] FCA 234 File number: VID 100 of 2022

Judgment of: BEACH J

Date of judgment: 16 March 2022

Catchwords: CORPORATIONS – voluntary administration of Probuild group of companies – application under ss 439A(5)(b) and (6) of the Corporations Act 2001 (Cth) – convening period for second meeting of creditors – making of "Daisytek order" – committees of inspection – members deriving a profit or advantage from the administrations – limited leave granted – ss 80-55(1), (2) and (5) and 90-15 of the Insolvency Practice Schedule (Corporations) – orders made

Legislation: Corporations Act 2001 (Cth) ss 435A, 439A(2), 439A(5)(b), 439A(6), 447A, Sch 2, ss 80-55, 90-15 Insolvency Practice Rules (Corporations) 2016 (Cth) ss 75-140(3), 75-225

Cases cited: Algeri, in the matter of WBHO Australia Pty Ltd (Administrators Appointed) [2022] FCA 169 Parbery, in the matter of NewSat Limited (Administrators Appointed) (Receivers and Managers Appointed) [2015] FCA 435 Re Daisytek Australia Pty Ltd (Administrators Appointed) (2003) 45 ACSR 446 Re Riviera Group Pty Ltd (Administrators Appointed) (Receivers and Managers Appointed) (2009) 72 ACSR 352 Secatore, in the matter of In-Fusion Management Pty Ltd (Administrators Appointed) [2016] FCA 1072 Stimpson, in the matter of Eagle Boys Dial-A-Pizza Australia Pty Ltd (Administrators Appointed) [2016] FCA 935 Strawbridge, in the matter of Virgin Australia Holdings Ltd (administrators appointed) (No 2) (2020) 144 ACSR 347