Federal Court of Australia
Federal Court of Australia
Diakos v Pacific Steel Constructions Pty Ltd, in the matter of Pacific Steel Constructions Pty Ltd (No 2) [2022] FCA 759 File number(s): NSD 406 of 2022
Judgment of: GOODMAN J
Date of judgment: 30 June 2022
Catchwords: CORPORATIONS – application for leave to proceed against first to seventh defendants under s 444E(3) of the Corporations Act 2001 (Cth) – application under s 447A of the Act for further variation of deeds of company arrangement to allow time to complete refinancing – absence of prejudice to creditors – extension in the interests of creditors – application granted
Legislation: Corporations Act 2001 (Cth)
Cases cited: Diakos v Pacific Steel Constructions; In the matter of Pacific Steel Constructions Pty Ltd [2022] FCA 645
Division: General Division
Registry: New South Wales
National Practice Area: Commercial and Corporations
Sub-area: Corporations and Corporate Insolvency
Number of paragraphs: 17
Date of hearing: 30 June 2022
Counsel for the Plaintiffs: Mr J R Anderson
Solicitor for the Plaintiffs: Watson Mangioni Lawyers
Counsel for the Eighth Defendant: Mr H Somerville
Solicitor for the Defendants: William James Lawyers
ORDERS NSD 406 of 2022 IN THE MATTER OF PACIFIC STEEL CONSTRUCTIONS PTY LTD (SUBJECT TO DEED OF COMPANY ARRANGEMENT) & OTHER COMPANIES LISTED IN THE SCHEDULE BETWEEN: CON DIAKOS First Plaintiff
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