In the matter of Guided Knowledge Group Pty Ltd [2022] NSWSC 255

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Guided Knowledge Group Pty Ltd [2022] NSWSC 255 Hearing dates: 7 March 2022 Date of orders: 11 March 2022 Decision date: 11 March 2022 Jurisdiction: Equity - Corporations List Before: Williams J Decision: See paragraph [46]. Catchwords: CORPORATIONS – liquidators' remuneration –application by liquidators for orders pursuant to Insolvency Practice Schedule (Corporations), ss 60-10 and 60-20 – whether remuneration claimed by liquidators is reasonable – application by liquidators for special leave to distribute surplus to contributories. Legislation Cited: Corporations Act 2001 (Cth), s 488 Insolvency Practice Schedule (Corporations), ss 60-5, 60-10, 60-12 Supreme Court (Corporations) Rules 1999 (NSW), r 7.9 Cases Cited: In the matter of Fearndale Holdings Pty Ltd (admin appted) (recs & mgrs. apptd) [2020] NSWSC 901 In the matter of Hawden Property Group Pty ltd (in liq) (2018) 125 ACSR 355; [2018] NSWSC 481 In the matter of John L Norris Holdings Pty Ltd (in liq) [2013] NSWSC 2005 Sanderson as liquidator of Sakr Nominees Pty Ltd v (in liq) v Sakr (2017) 93 NSWLR 459; [2017] NSWCA 38 Re Hawden Property Group Pty Ltd (in liq) (2018) 125 ACSR 355; [2018] NSWSC 481 Category: Principal judgment Parties: Bradd William Morelli in his capacity as liquidator of Guided Knowledge Group Pty Ltd (in liquidation) (First Plaintiff) Trent Andrew Devine in his capacity as liquidator of Guided Knowledge Group Pty Ltd (in liquidation) (Second Plaintiff) Representation: Counsel: Ms M Skinner (solicitor) (First and Second Plaintiffs) No appearance (Defendant) Solicitors: O'Hearn Lawyers (Plaintiffs) No appearance (Defendant) File Number(s): 21/307336 Publication restriction: N/A