Ou v Wan [2020] NSWSC 1899

Supreme Court New South Wales

Medium Neutral Citation: Ou v Wan [2020] NSWSC 1899 Hearing dates: 3, 4, 5 and 6 November 2020 Date of orders: 22 December 2020 Decision date: 22 December 2020 Jurisdiction: Equity - Corporations List Before: Williams J Decision: Alleged breaches or repudiation of the Parting Agreement entered into by the Plaintiff/First Cross-Defendant and the First Defendant/Cross-Claimant on 21 December 2015 and/or the oral agreement entered into by the same parties in late 2013 not proved. Orders made for the winding up of the Second Defendant/Second Cross-Claimant (Ou's International Pty Ltd) and the Third Defendant (Australian Health International Pty Ltd) pursuant to s 461(1)(k) of the Corporations Act 2001 (Cth). Catchwords: CONTRACTS – construction – interpretation of an offset clause – no issue of principle CORPORATIONS – winding up – application to wind up two companies under s 461(1)(k) of the Corporations Act 2001 (Cth) – no issue of principle Legislation Cited: Civil Procedure Act 2005 (NSW), ss 56, 57 and 58 Corporations Act 2001 (Cth), ss 293, 461 and 462 Cases Cited: Codelfa Construction Pty Ltd v State Rail Authority of NSW (1982) 149 CLR 337 In the matter of Austral Alloys Pty Ltd [2017] NSWSC 1833 Macquarie International Health Clinic Pty Ltd v Sydney Local Health District (2020) 19 BPR 40,463; [2020] NSWCA 161 Tomanovic v Argyle HQ Pty Ltd [2010] NSWSC 152 Tomanovic v Global Mortgage Equity Corporation Pty Ltd (2011) 84 ACSR 121; [2011] NSWCA 104 Wilkie v Gordian Runoff Ltd (2005) 221 CLR 522; [2005] HCA 17 Category: Principal judgment Parties: Guozhong Ou (Plaintiff/First Cross-Defendant) Xianguo Wan (First Defendant/Cross-Claimant) Ou's International Pty Ltd (Second Defendant/Second Cross-Defendant) Australian Health International Pty Ltd (Third Defendant) Representation: Counsel: Mr W R Chan (Plaintiff/First Cross-Defendant)