Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Farnsworth (Liquidator), in the matter of Nat Logistics Australia Pty Ltd (In liquidation) [2024] FCA 676 File number(s): NSD 585 of 2024
Judgment of: CHEESEMAN J
Date of judgment: 21 June 2024
Catchwords: CORPORATIONS – application by liquidator for judicial direction under s 90-15 Schedule 2 - Insolvency Practice Schedule (Corporations) 2016 to the Corporations Act 2001 (Cth) – where direction confined to limited effect of affording protection to the liquidator – where interested persons potentially affected notified and have not sought to be heard – whether appropriate to give direction – Held: application granted.
Legislation: Corporations Act 2001 (Cth) ss 588FB, 588FDA, 588FE(3), 588FF(1) Insolvency Practice Schedule ss 90-15, 90-20
Cases cited: Morgan, in the matter of Traditional Values Management Ltd (in liq) [2024] FCA 74
Division: General Division
Registry: New South Wales
National Practice Area: Commercial and Corporations
Sub-area: Corporations and Corporate Insolvency
Number of paragraphs: 30
Date of last submission/s: 11 June 2024
Date of hearing: 20 June 2024
Counsel for the Plaintiffs: Ms J Shepard
Solicitor for the Plaintiffs: Somerset Ryckmans
ORDERS NSD 585 of 2024 IN THE MATTER OF NAT LOGISTICS AUSTRALIA PTY LTD (IN LIQUIDATION) ADAM FARNSWORTH IN HIS CAPACITY AS LIQUIDATOR OF NAT LOGISTICS AUSTRALIA PTY LTD ACN 634 590 195 AND NAT LOGISTICS QLD PTY LTD ACN 633 777 929 Plaintiff
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