NSW Caselaw
New South Wales Supreme Court
CITATION : Leigh re King Bros [2006] NSWSC 315
HEARING DATE(S) : 18 April 2006
JUDGMENT DATE : 21 April 2006
JURISDICTION : Equity
JUDGMENT OF : Austin J
DECISION : Adjournment to give liquidator the opportunity to provide supplementary evidence
CATCHWORDS : CORPORATIONS – liquidation - approval of liquidator's contracts - litigation funding agreement - litigation funder's liability capped at stated amounts - appropriate evidence
LEGISLATION CITED : Corporations Act 2001 (Cth), ss 477(2B), 479(3)
Buiscex Ltd v Panfida Foods Ltd (in liq) (1998) 28 ACSR 357 Re ACN 076 673 875 Ltd (rec'r & mgr apptd) (in liq) (2002) 42 ACSR 296 CASES CITED : Re GB Nathan & Co Pty Ltd (in liq) (1991) 24 NSWLR 674 Re Imobridge Pty Ltd (in liq) (No 2) (2000) 18 ACLC 29 Re Spedley Securities Ltd (in liq) (1992) 9 ACSR 83
David John Leigh (P1) A P & P J King Pty Ltd (in liq)(recs & mgrs apptd) (P2) Eurostar Pty Ltd (in liq)(recs & mgrs apptd) (P3) King Bros Bus Service Aldavilla Pty Ltd (in liq)(recs & mgrs apptd) (P4) King Bros Bus Service Bellbrook Pty Ltd (in liq)(recs & mgrs apptd) (P5) King Bros Bus Service Coffs Harbour Pty Ltd (in liq)(recs & mgrs apptd) (P6) King Bros Bus Service Crescent Head Pty Ltd (in liq)(recs & mgrs apptd) (P7) King Bros Bus Service Grafton Pty Ltd (in liq)(recs & mgrs apptd) (P8) King Bros Bus Service Iluka Pty Ltd (in liq)(recs & mgrs apptd) (P9) PARTIES : King Bros Bus Service Kempsey Pty Ltd (in liq)(recs & mgrs apptd) (P10) King Bros Bus Service Nambucca Valley Pty Ltd (in liq)(recs & mgrs apptd) (P11) King Bros Bus Service Port Macquarie Pty Ltd (in liq)(recs & mgrs apptd) (P12) King Bros Bus Service South West Rocks Pty Ltd (in liq)(recs & mgrs apptd) (P13) King Bros Bus Service Great Lakes Pty Ltd (in liq)(recs & mgrs apptd) (P14) King Bros Bus Service Yamba Pty Ltd (in liq)(recs & mgrs apptd) (P15) King Bros Bus Service Taree Pty Ltd (in liq)(recs & mgrs apptd) (P16) King Bros Bus Service Wagga Wagga Pty Ltd (in liq)(recs & mgrs apptd) (P17) M B Sales Australia Pty Ltd (in liq)(recs & mgrs apptd) (P18) A P King Investments Pty Ltd (in liq) (P19)
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