Federal Court of Australia
Federal Court of Australia
Billingsley, in the matter of L F I Holdings Pty Ltd (in liq) [2024] FCA 1301 File number: NSD 1397 of 2024
Judgment of: JACKMAN J
Date of judgment: 6 November 2024
Catchwords: BANKRUPTCY AND INSOLVENCY – where appointment of companies as trustee automatically terminated upon entry into voluntary liquidation – whether to appoint liquidator as receiver and manager of property owned by companies
Legislation: Corporations Act 2001 (Cth) s 420
Cases cited: Jones v Matrix Partners Pty Ltd, in the matter of Killarnee Civil & Concrete Contractors Pty Ltd (in liq) [2018] FCAFC 40; (2018) 260 FCR 310 Re Hughes (in their capacity as joint and several liquidators of Substar Holdings Pty Ltd) [2020] FCA 1863; (2020) 149 ACSR 185
Division: General Division
Registry: New South Wales
National Practice Area: Commercial and Corporations
Sub-area: Corporations and Corporate Insolvency
Number of paragraphs: 10
Date of hearing: 6 November 2024
Counsel for the Applicant: Ms V Botsikas
Solicitor for the Applicant: Addisons
ORDERS NSD 1397 of 2024 IN THE MATTER OF L F I HOLDINGS PTY LTD (IN LIQ) & LFI VENTURES PTY LTD (IN LIQ) MICHAEL JAMES BILLINGSLEY IN HIS CAPACITY AS LIUQIDATOR OF L F I HOLDINGS PTY LTD (IN LIQ) First Plaintiff
L F I HOLDINGS PTY LTD (IN LIQ) ACN 128 160 707 Second Plaintiff
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