NSW Caselaw
New South Wales Supreme Court
CITATION : Australian Beverage Distributors v The Redrock Co [2008] NSWSC 3
HEARING DATE(S) : 6, 7 & 11 December 2007
JUDGMENT DATE : 23 January 2008
JURISDICTION : Equity
JUDGMENT OF : Austin J
DECISION : Proceedings dismissed
CATCHWORDS : CORPORATIONS - winding up in insolvency - standing to bring proceedings as creditor in reliance on assignment of debt - service of notice of assignment and originating process - abuse of process - scope of "premature publication rule" - solvency, where arrangements have been made with creditors and company relies on unsecured loans by related parties
LEGISLATION CITED : Corporations Act 2001 (Cth), ss 95A, 459A, 459P, 467 Supreme Court (Corporations) Rules 1999 (NSW), rules 2.11, 5.6
Alcatel Australia Ltd v PRB Holdings Pty Ltd (1998) 27 ACSR 708 Australian Beverage Distributors Pty Ltd v Evans and Tate Premium Wines Pty Ltd (2007) 61 ACSR 441 Australian Beverage Distributors Pty Ltd v The Redrock Co Pty Ltd [2007] NSWSC 966 Australian Mid-Eastern Club Ltd v Yassim (1989) 1 ACSR 399 Australian Securities and Investment Commission v Edwards (2005) 54 ACSR 583 Australian Securities and Investments Commission v Plymin (No 1) (2003) 175 FLR 124 Bank of Australasia v Hall (1907) 4 CLR 1514 Bidald Consulting Pty Ltd v Miles Special Builders Pty Ltd (2005) 54 ACSR 228 De Montfort v Southern Cross Exploration NL (1987) 17 NSWLR 468 Deputy Commissioner of Taxation v Barroleg Pty Ltd (1997) 25 ACSR 167 Deputy Commissioner of Taxation v Sun Heating Pty Ltd [1983] 2 NSWLR 78 Deputy Commissioner of Taxation v Visidet Pty Ltd [2005] FCA 830 DMK Building Materials Pty Ltd v CB Baker Timbers Pty Ltd (1985) 2 NSWLR 711 Emmanuel Management Pty Ltd v Foster's Brewing Group Ltd (2003) 178 FLR 1 CASES CITED : Hastie & Jenkinson (a firm) v McMahon [1991] 1 All ER 255 Hymix Concrete Pty Ltd v Geraghty (1977) 2 ACLR 559 Iso Lilodw' Aliphumeleli Pty Ltd (in liq) v Commissioner of Taxation (2002) 42 ACSR 561 Lewis v Doran (2005) 54 ACSR 410 Liquor National Wholesale Pty Ltd v The Redrock Co Pty Ltd [2007] NSWSC 392 Motor Terms Co Pty Ltd v Liberty Insurance Ltd (in liq) (1967) 116 CLR 177 Nationwide Produce Holdings Pty Ltd (in liq) v Franklins Ltd [2001] NSWSC 1120 Re Allebart Investments Pty Ltd (1969) 92 WN (NSW) 726 Re Kerisbeck Pty Ltd (1992) 10 ACLC 619 Re Steel Wing Co Ltd [1921] 1 Ch 349 Rohan Trading Co Pty Ltd v Glengor Pastoral Co Pty Ltd [2003] NSWSC 1265 Roy Morgan Research Pty Ltd v Wilson Market Research Pty Ltd (1996) 39 NSWLR 311 Sandell v Porter (1966) 115 CLR 666 Southern Cross Interiors Pty Ltd (in liq) v DCT (2001) 53 NSWLR 213 TS Recoveries Pty Ltd v Sea-Slip Marinas (Aust) Pty Ltd [2007] NSWSC 1410 White Constructions (ACT) Pty Ltd (in liq) v White (2004) 49 ACSR 220
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