In the matter of Maximus Holdings (NSW) Pty Ltd (receivers and managers appointed) (subject to a deed of company arrangement) [2025] NSWSC 3

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Maximus Holdings (NSW) Pty Ltd (receivers and managers appointed) (subject to a deed of company arrangement) [2025] NSWSC 3 Hearing dates: 14 January 2025 Date of orders: 14 January 2025 Decision date: 14 January 2025 Jurisdiction: Equity - Duty List Before: Ball J Decision: Plaintiffs granted leave under s 444GA of the Corporations Act 2001 (Cth) to transfer shares in the company to deed proponent and associated orders made Catchwords: CORPORATIONS — voluntary administration — deed of company arrangement — application under s 444GA of the Corporations Act 2001 (Cth) for leave to transfer shares pursuant to DOCA — whether residual equity in company — whether sole shareholder unfairly prejudiced — no issue of principle Legislation Cited: Corporations Act 2001 (Cth), ss 444GA, 447A, Sch 2, s 90-15 Cases Cited: Re Mirabela Nickel Ltd (subject to deed of company arrangement) [2014] NSWSC 836 Weaver v Noble Resources Ltd [2010] WASC 182; (2010) 41 WAR 301 Category: Principal judgment Parties: Michael Andrew Hogan and Christian Peter Sprowles in their capacity as deed administrators of Maximus Holdings (NSW) Pty Ltd (receivers and managers appointed) (subject to a deed of company arrangement) (Plaintiffs) Maximus Holdings (NSW) Pty Ltd (receivers and managers appointed) (subject to a deed of company arrangement) (Defendant) Representation: Counsel: M L Rose (Plaintiffs)

Solicitors: Bridges Lawyers (Plaintiffs) File Number(s): 2025/11624 Publication restriction: None