NSW Caselaw
New South Wales Supreme Court
CITATION : Javorsky v Rico Pty Limited (in liq) & 1 Ors [2001] NSWSC 746 revised - 30/08/2001 CURRENT JURISDICTION: Equity FILE NUMBER(S) : SC 5128/99 HEARING DATE(S) : 27/08/01 JUDGMENT DATE : 27 August 2001
THOMAS JAVORSKY (Plaintiff) PARTIES : RICO PTY LIMITED (in liquidation) (ACN 000 967 331) (First Defendant) AUSTRAL BRONZE CRANE COPPER LIMITED (ACN 008 466 840) (Second Defendant) JUDGMENT OF : Santow J
COUNSEL : P Fury (Plaintiff) S Skelton (Solicitor) (Second Defendant) SOLICITORS : Gordon & Johnstone (Plaintiff) Middletons Moore & Bevins (Second Defendant) CATCHWORDS : CORPORATIONS — Invalid appointment of liquidator — Remedial orders under s1322(4) and s447A of Corporations Act 2001 — No substantial injustice in denying an unforeseen windfall benefit — Cost orders allowed to compensate Second Defendant for costs in taking the point in defending proceedings by liquidator. LEGISLATION CITED : Corporations Act 2001 s447A s1322 Australasian Memory Pty Ltd v Brien (2000) 200 CLR 270 CASES CITED : Re Ricon Constructions Pty Ltd (in liq) ex parte McDonald (1997) 43 NSWLR 174 Super John Pty Ltd & Ors v Futuris Pty Ltd (1999) 17 ACLC 1,242 DECISION : Remedial orders made.
REVISED — 30 August, 2001 IN THE SUPREME COURT OF NEW SOUTH WALES IN EQUITY
SANTOW J
No. 4085/01 THOMAS JAVORSKY Plaintiff RICO PTY LIMITED (in liquidation) (ACN 000 967 331) First Defendant AUSTRAL BRONZE CRANE COPPER LIMITED (ACN 008 466 840) Second Defendant
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