Federal Court of Australia
Federal Court of Australia
Park, in the matter of Collection House Limited (Administrators Appointed) [2022] FCA 1083 File number: QUD 246 of 2022
Judgment of: DERRINGTON J
Date of judgment: 24 August 2022
Catchwords: CORPORATIONS – voluntary administration – extension of convening period – second period of extension – time needed for the purpose of finalising sale of business with preferred bidder – administrators of the view that the extension is required to achieve best outcome for creditors – extension granted
Legislation: Corporations Act 2001 (Cth) Insolvency Practice Rules (Corporations) 2016 (Cth)
Cases cited: Diamond Press Australia Pty Limited [2001] NSWSC 313 Hancock and Tonks, Re Blackwater Quarries & Concrete Pty Ltd (Admins Apptd) [2017] FCA 447 Kirk, Re RL Adams Pty Ltd (Administrators Appointed) [2017] FCA 1111 Mann v Abruzzi Sports Club Ltd (1994) 12 ACSR 611 Mentha, in the matter of The Griffin Coal Mining Company Pty Ltd (administrators appointed) (ACN 008 667 285) (No 2) [2010] FCA 499 Owen v Madden (No 4) (2012) 92 ACSR 255 Owen, in the matter of Rivercity Motorway Pty Ltd (admins apptd) (recs and mgrs apptd) v Madden [2011] FCA 295 Re Riviera Group Pty Ltd (2009) 72 ACSR 352 Strawbridge, in the matter of Virgin Australia Holdings Ltd (administrators appointed) (No 7) [2020] FCA 1182 Weston, in the matter of Flush Fitness Pty Ltd (Administrator Appointed) [2017] FCA 172
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