Dean-Willcocks v Commissioner of Taxation (No 2) [2004] NSWSC 286

Reported Decision : 49 ACSR 325 (2004) 22 ACLC 1034

New South Wales Supreme Court

CITATION : Dean-Willcocks v Commissioner of Taxation (No 2) [2004] NSWSC 286 HEARING DATE(S) : 29 March 2004 JUDGMENT DATE : 21 April 2004 JURISDICTION: Equity JUDGMENT OF : Austin J DECISION : Direction given that liquidator is justified in relying on certain evidence as sufficient to enable the Court to be satisfied as to insolvency.

CATCHWORDS : CORPORATIONS - winding up in insolvency - recovery of unfair preferences - separate trial against first defendant - first defendant admits insolvency - whether admission is sufficient evidence of insolvency in unfair preference proceeding - whether directors of company should be notified before orders under s 588FF are made LEGISLATION CITED : Corporations Act 2001 (Cth), ss 588E, 588FA, 588FC, 588FE, 588FF, 588FG, 588FGA Supreme Court Rules, Pt 1 r 3, Pt 6 r 4, Pt 26 r 1 Ainsworth v Criminal Justice Commission (1992) 175 CLR 564 Annetts v McCann (1990) 170 CLR 596 Australian Securities Commission v Marlborough Gold Mines Ltd (1993) 177 CLR 485 Barker & Taylor Pty Ltd v Cablemakers (ACT) Pty Ltd [1982] 1 NSWLR 719 Cadima Express v Deputy Commissioner of Taxation (1999) 33 ACSR 527 Cameron v Cole (1944) 68 CLR 571 Commissioner of Police v Tanos (1958) 98 CLR 383 Crosbie, in the matter of Trollope Silverwood & Beck Pty Ltd (in liq) v Commissioner of Taxation [2003] FCA 922 Dean-Willcocks v Air Transit International Pty Ltd (2002) 42 ACSR 328 Dean-Willcocks v Commissioner of Taxation (2003) 45 ACSR 298 CASES CITED : Ex parte Merrett (1997) 140 FLR 412 Gramophone Co Ltd v Magazine Holder Co (1911) 28 RPC 221 Hobart v Medical Board of Victoria [1966] VR 292 James Hardie & Co Pty Ltd v Seltsam Pty Ltd (1998) 196 CLR 53 Kinch v Wolcott [1929] AC 482 Kioa v West (1985) 159 CLR 550 Minister for Immigration and Multicultural Affairs v Eshetu (1999) 197 CLR 611 Parisienne Basket Shoes Pty Ltd v Whyte (1938) 59 CLR 369 Re GB Nathan & Co Pty Ltd (1991) 24 NSWLR 674 SJP Formwork (Aust) Pty Ltd (in liq) v Deputy Commissioner of Taxation (2000) 34 ACSR 604 Termijtelen v Van Arkel [1974] 1 NSWLR 525 Ronald John Dean-Willcocks (in his capacity as Liquidator of SJP Formwork (NSW) Pty Ltd (in liquidation)) (P1/A) SJP Formwork (NSW) Pty Ltd (in liquidation) (P2) Commissioner of Taxation (D1/R) Big River Timbers Pty Ltd (D2) Boral Formwork and Scaffolding Pty Ltd (D3) Boral Resources (NSW) Pty Ltd (D4) CSRP Apartments Pty Ltd (D5) PARTIES : Fabquip Construction Systems Pty Ltd (D6) Grae Newman Consulting and Pty Ltd (D7) Lubeca Systems International Pty Ltd (D8) Lubeca Systems Australia Pty Ltd (D9) Lumara Timber Pty Ltd (D10) Alleianz Australia Workers' Compensation (NSW) Ltd (D11) Natform Pty Ltd (D12) National Hire Pty Ltd (D13) National Hire Trading Pty Ltd (D14) FILE NUMBER(S) : SC 2883/02 CRC Newlinds SC with M Paynter (P1/A) COUNSEL : M Aldridge SC with P Rodionoff (D1/R) A Loel (Solicitor) (D2) Swaab Attorneys (P1/A) SOLICITORS : ATO Legal Practice (D1/R) Toomey Pegg Drevikovsky (D2)