HELOU v MULLIGAN PTY LIMITED [2003] NSWCA 92

Reported Decision : 57 NSWLR 74 (2003) 21 ACLC 1220

New South Wales Court of Appeal

CITATION : HELOU v MULLIGAN PTY LIMITED [2003] NSWCA 92 HEARING DATE(S) : 1 April 2003 JUDGMENT DATE : 24 April 2003

JUDGMENT OF : Mason P at 1; Sheller JA at 38; Davies AJA at 39 DECISION : Appeal dismissed.

CATCHWORDS : Creditors - Personal guarantee for monies "due and payable" - Deed of Administration - moratorium on enforcement proceedings against company - whether debt still "due and payable"- whether guarantee still operative (D) LEGISLATION CITED : Corporations Act 2001, ss444D, 444E, 444G, 444H Baldry v Jackson [1976] 2 NSWLR 415 at 417 Clyne v Deputy Commissioner of Taxation (1981) 150 CLR 1 Commercial Banking Co of Sydney Limited v Gaty [1978] 2 NSWLR 271 Deputy Commissioner of Taxation v Peacock [1980] 2 NSWLR 130 Ehrenfeld v Oriana Nominees Pty Ltd [1999] WASCA 222 Gan v Sanders (1994) 15 ACSR 298 CASES CITED : Guthrie v Motor Credits Ltd (1963) 37 ALJR 167 Hill v Anderson Meat Industries Ltd [1971] 1 NSWLR 868 [1972] 2 NSWLR 704 (CA) In the matter of Carey Builders Pty Ltd (1997) 23 ACSR 754 Jowitt v Callaghan (1938) 38 SR(NSW) 512 McDonald v Dennys Lascelles Ltd (1933) 48 CLR 457 Peacock v Commonwealth Trading Bank of Australia [1979] 2 NSWLR 412 Perrott v Newton King Ltd [1933] NZLR 1131 Quainoo v New Zealand Breweries Ltd [1991] 1 NZLR 161 PARTIES : Hanibaal HELOU v P D MULLIGAN PTY LIMITED FILE NUMBER(S) : CA 40262/02 COUNSEL : Appellant: R G Forster SC Respondent: J Simpkin SC SOLICITORS : Appellant: Ehahoud Kalouche & Assoc Respondent: Gadens