In the matter of Lysaght Civil Products Pty Ltd [2021] NSWSC 1459

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Lysaght Civil Products Pty Ltd [2021] NSWSC 1459 Hearing dates: 10 May 2021 Date of orders: 11 November 2021 Decision date: 11 November 2021 Jurisdiction: Equity - Corporations List Before: Williams J Decision: See orders at [26]. Catchwords: DUST DISEASES – proceedings commenced against deregistered company in Dust Diseases Tribunal – claim for damages for non-economic loss – claimant died after commencement of those proceedings – s 2(2) Law Reform (Miscellaneous Provisions) Act 1944 (NSW) and s 12B Dust Diseases Tribunal Act 1989 (NSW) – reinstatement of company pursuant to s 601AH Corporations Act 2001 (Cth) – insurer itself deregistered - resort to the Insurers' Guarantee Fund CORPORATIONS – reinstatement and ancillary orders under s 601AH Corporations Act 2001 (Cth) – ancillary order appointing liquidator to company on reinstatement Legislation Cited: Corporations Act 2001 (Cth), ss 601AG, 601AH Corporations Law (set out in s 82 of the Corporations Act 1989 (Cth)), ss 509, 1362CH Dust Diseases Tribunal Act 1989 (NSW), s 12B Law Reform (Miscellaneous Provisions) Act 1944 (NSW), s 2 Uniform Civil Procedure Rules 2005 (NSW), r 7.10 Workers Compensation Act 1987 (NSW), ss 227, 231-236 Cases Cited: Allianz Australia Insurance Ltd v Viksne [2021] NSWCA 268 Re Austral Bronze Pty Ltd; In the matter of John Darlington Pty Limited; In the matter of John Darlington Pty Limited (No. 2) [2020] NSWSC 1633 Re ERB International Pty Limited (deregistered) [2014] NSWSC 200 Re European Metal Recyclers Pty Ltd (in liquidation) (deregistered) [2018] NSWSC 946 Richards Contracting Co Management Pty Ltd [2021] NSWCA 34 Category: Principal judgment Parties: Charles John O'Shea (Plaintiff) Lysaght Civil Products Pty Limited (ACN 004 188 916) Australian Securities and Investments Commission (Second Defendant) Representation: Counsel: Mr M Robinson (Plaintiff) N/A (First Defendant) N/A (Second Defendant)