Brereton, in the matter of ICT Century Pty Ltd (In Liquidation) [2025] FCA 107

Federal Court of Australia

Brereton, in the matter of ICT Century Pty Ltd (In Liquidation) [2025] FCA 107 File number: NSD 902 of 2024

Judgment of: OWENS J

Date of judgment: 21 February 2025

Catchwords: CORPORATIONS – application by liquidators under s 588FF(3)(b) of the Corporations Act 2001 (Cth) for extension of time for making any application under s 588FF(1) – liquidators seeking a "shelf order" in respect of yet-to-be-identified claims – where necessary further investigations and examinations to be conducted by the liquidators of a creditor and not those of the company – any identified claims proposed to be brought by way of assignment to those third-party liquidators – extension granted

Legislation: Corporations Act 2001 (Cth) ss 9, 91, 513B 513C, 588FF, 588FE

Cases cited: BP Australia Ltd v Brown (2003) 58 NSWLR 322 Brisbane South Regional Health Authority v Taylor (1996) 186 CLR 541 Chin, in the matter of Agatha Trading Pty Ltd (in liq) [2020] FCA 991 Fortress Credit Corporation (Australia) II Pty Ltd v Fletcher (2015) 254 CLR 489 Green v Chiswell Furniture Pty Ltd [1999] NSWSC 608 John Alexander's Clubs Pty Ltd v White City Tennis Club Ltd (2010) 241 CLR 1 McGrath v National Indemnity Company [2004] NSWSC 391; 182 FLR 309 New Cap Reinsurance Corp v Reaseguros Alianza SA [2004] NSWSC 787; 186 FLR 175 Parker, in the matter of Worldwide Specialty Property Services Pty Limited (in liq) v Worldwide Specialty Property Services Pty Limited (in liq) [2017] FCA 687 Re Harris Scarfe Ltd (in liq) (No 3) [2008] SASC 74; 216 FLR 242 Taylor v Woden Constructions Pty Ltd [1998] FCA 1228 Vaughan v Catanzariti, in the matter of Italian Prestige Jewellery Pty Ltd (in liq) [2018] FCA 1403