Matyear v Prismex Technologies Pty Ltd [2006] NSWSC 1350

Reported Decision : 60 ACSR 210

New South Wales Supreme Court

CITATION : Matyear v Prismex Technologies Pty Ltd [2006] NSWSC 1350

HEARING DATE(S) : 04/12/06

JUDGMENT DATE : 6 December 2006

JURISDICTION : Equity Division Corporations List

JUDGMENT OF : Barrett J

DECISION : Order transferring proceedings to Federal Court of Australia, Victoria Registry, refused.

CATCHWORDS : CORPORATIONS - applications for winding up and appointment of provisional liquidator - defendant seeks transfer of proceedings to Federal Court of Australia, Victoria Registry - company has one asset and from its incorporation did virtually nothing - where principal place of business situated - where relevant "events" occurred - where relevant individuals resident - other proceedings extant in Federal Court but questions of damages and remedies only remaining for determination - whether any clear preponderance in favour of Victoria - need for applicant to show positively that alternative court "more appropriate" forum

Corporations Act 2001 (Cth), Division 1, Part 9.6A. ss.146(1), 1274B, 1337A(2), 1337H, 1337L LEGISLATION CITED : Jurisdiction of Courts (Cross-Vesting) Act 1987 (Cth), s.5 Jurisdiction of Courts (Cross-Vesting) Act 1987 (NSW), s.5

Acton Engineering Pty Ltd v Campbell (1991) 31 FCR 1 Global Realty Development Corporation v Dominion Wines Ltd (2005) 56 ACSR 474 Morton v Young [2003] NSWSC 989 Nationwide Produce Holdings Pty Ltd v Davies [2003] NSWSC 653 Prismex Technologies Pty Ltd v Keller Industries Pty Ltd [2006] FCA 1504 CASES CITED : Rabsnead Pty Ltd v Schmierer [2002] FCA 304 Re Dstore Ltd; Dwyer v Hindal Corporate Pty Ltd (2005) 52 ACSR 335 South Behar Railway Co Ltd v Inland Revenue Commissioners [1925] AC 476 Spiliada Maritime Corporation v Cansulex Ltd [1987] AC 460 Winpar Holdings Ltd v National Consolidated Ltd [2001] FCA 1663 Zhu v Tech Universal (HK-Macau) Development Pty Ltd (2005) 53 ACSR 704