Federal Court of Australia
Federal Court of Australia Algeri (Administrator), in the matter of Murray & Roberts Pty Ltd (Administrators Appointed) (No 5) [2023] FCA 728 File number: WAD 256 of 2022
Judgment of: BANKS-SMITH J
Date of judgment: 27 June 2023
Date of publication of reasons: 30 June 2023
Catchwords: CORPORATIONS - administration - Clough group of companies - application under s 447(A)(1) of the Corporations Act 2001 (Cth) for further extension of time for convening second meeting of creditors of one company in group - fourth extension - where purpose clear and defined - where negotiation of terms relevant to proposed deed of company arrangement continue with stakeholders - previous extensions have facilitated completion of deals in interests of creditors - complex administration - applicable principles - extension granted
Legislation: Corporations Act 2001 (Cth) ss 439A, 447A, Part 5.3A
Cases cited: Algeri (Administrator), in the matter of Murray & Roberts Pty Ltd (Administrators Appointed) (No 2) [2022] FCA 1563 Algeri (Administrator), in the matter of Murray & Roberts Pty Ltd (Administrators Appointed) (No 3) [2023] FCA 98 Algeri (Administrator), in the matter of Murray & Roberts Pty Ltd (Administrators Appointed) (No 4) [2023] FCA 313
Division: General Division
Registry: Western Australia
National Practice Area: Commercial and Corporations
Sub-area: Corporations and Corporate Insolvency
Number of paragraphs: 33
Date of hearing: 27 June 2023
Counsel for the Plaintiffs: Ms JK Taylor SC with Mr RA Vines
Solicitor for the Plaintiffs: King & Wood Mallesons
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