David Hill & 1 Ors v David Hill Electrical Discounts P/L (in Liq) & 1 Ors [2001] NSWSC 271

Reported Decision : (2001) 37 ACSR 617 (2001) 19 ACLC 1000

New South Wales Supreme Court

CITATION : David Hill & 1 Ors v David Hill Electrical Discounts P/L (in Liq) & 1 Ors [2001] NSWSC 271 revised - 30/04/2001 CURRENT JURISDICTION: Equity FILE NUMBER(S) : SC 1851/01 HEARING DATE(S) : 9 April 2001 JUDGMENT DATE : 9 April 2001

DAVID HILL (First Plaintiff) PARTIES : JUSTIN HILL (Second Plaintiff) DAVID HILL ELECTRICAL DISCOUNTS PTY LIMITED (in liquidation) (First Defendant) ANTONY DE VRIES (Second Defendant) JUDGMENT OF : Santow J

COUNSEL : J E Thomson (Plaintiffs) V R W Gray (Defendants) SOLICITORS : Gordon & Johnstone Lawyers (Plaintiffs) Abbott Tout (Defendants) CATCHWORDS : CORPORATIONS — Deed administrator becoming liquidator — Application for liquidator to be replaced in order for matters concerning the liquidator in earlier role as deed administrator may be investigated — Need for non-conflicted and impartial liquidator for that purpose — Duties of deed administrator — Liability for insolvent trading — Shadow director? — Deed administrator as deemed officer of company for purposes of duty of care and diligence — Deed administrator as fiduciary. LEGISLATION CITED : Corporations Law s9; s180; s445D; 446A; 447A; 503 Supreme Court Rules Pt 39 r7 CASES CITED : Advance Housing Pty Ltd (in liq) v Newcastle Classic Developments Pty Ltd (1994) 14 ACSR 230 DECISION : Liquidator removed and another substituted.

REVISED — 30 April, 2001 IN THE SUPREME COURT OF NEW SOUTH WALES IN EQUITY