Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Holland, in the matter of BCNCulinary Arts Pty Ltd (in liq) [2024] FCA 752 File number: QUD 282 of 2024
Judgment of: DERRINGTON J
Date of judgment: 31 May 2024
Date of publication of reasons: 10 July 2024
Catchwords: CORPORATIONS – application for appointment of liquidators as receivers and managers of assets of various trusts – where five companies in liquidation each the former corporate trustee of a trust – where the majority of realisable assets of the companies are perishable – where the assets are subject to certain security interests – liquidators appointed as receivers and managers
Legislation: Corporations Act 2001 (Cth) Federal Court of Australia Act 1976 (Cth) Personal Property Securities Act 2009 (Cth)
Cases cited: Deputy Commissioner of Taxation v Shac Communications Pty Ltd [2024] FCA 488 Luxtown Pty Ltd (Administrators Appointed), in the matter of Luxtown Pty Ltd (Administrators Appointed) [2019] FCA 1861 Re Cremin, Brimson Pty Ltd (in liquidation) (2019) 136 ACSR 649
Division: General Division
Registry: Queensland
National Practice Area: Commercial and Corporations
Sub-area: Corporations and Corporate Insolvency
Number of paragraphs: 22
Date of hearing: 31 May 2024
Counsel for the Plaintiffs: Mr M Downes
Solicitor for the Plaintiffs: Mahoneys
ORDERS QUD 282 of 2024 IN THE MATTER OF BCNCULINARY ARTS PTY LTD (IN LIQUIDATION) & ORS MARK ALFRED HOLLAND First Plaintiff
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