Federal Court of Australia
Federal Court of Australia
Ao Qing Investment Pty Ltd v 52 Lord St East Perth Pty Ltd (No 2) [2023] FCA 293 File number: NSD 1169 of 2020
Judgment of: JACKSON J
Date of judgment: 24 March 2023
Date of publication of reasons: 31 March 2023
Catchwords: CORPORATIONS - application for appointment of receivers - imminent receipt of proceeds of sale of sole asset - where lack of trust and disharmony exists between persons controlling majority and minority shareholders -receivers appointed
Legislation: Corporations Act 2001 (Cth) s 201A Federal Court of Australia Act 1976 (Cth) s 57 Federal Court Rules 2011 (Cth) r 4.01
Cases cited: Allen, in the matter of North East Wiradjuri Co Limited (Administrators Appointed) [2010] FCA 1248 Ao Qing Investment Pty Ltd v 52 Lord St East Perth Pty Ltd [2022] FCA 743 Kanjian v Kanjian [2019] NSWSC 166 McMillan v Toledo Enterprises International Pty Ltd & Iliev (1995) 18 ACSR 603 Sapphire (SA) Pty Ltd v Ewens Glen Pty Ltd [2011] FCA 600
Division: General Division
Registry: New South Wales
National Practice Area: Commercial and Corporations
Sub-area: Corporations and Corporate Insolvency
Number of paragraphs: 53
Date of hearing: 24 March 2023
Counsel for the Plaintiff: The plaintiff did not appear
Counsel for the Defendants: Mr DS Weinberger
Solicitor for the Defendants: Squire Patton Boggs
ORDERS NSD 1169 of 2020
BETWEEN: AO QING INVESTMENT PTY LTD (ACN 601 041 243) Plaintiff
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