NSW Caselaw
New South Wales Supreme Court
CITATION : Maylord Equity Management Pty Ltd v ReelTime Media Ltd [2008] NSWSC 1045
HEARING DATE(S) : 28 August 2008
JUDGMENT DATE : 3 October 2008
JURISDICTION : Equity Division
JUDGMENT OF : Palmer J
DECISION : Deed of Company Arrangement terminated.
CATCHWORDS : CORPORATIONS – INSOLVENCY – VOLUNTARY ADMINISTRATION – Whether chairperson of creditors' meeting had made "just estimate" of value of creditors' claim – whether chairperson wrongly excluded proxy from voting on adjournment resolution – whether administrators had investigated company's affairs sufficiently to allow creditors to consider alternatives to DOCA – whether DOCA should be terminated.
- Corporations Act 2001 (Cth) – Part 5.3A, s.439A, s.439C, s.445D, s 445G, s.447A, s.588M LEGISLATION CITED : - Corporations Regulations 2001 (Cth) – Regs 5.6.18, 5.6.19, 5.6.21, 5.6.23, 5.6.26, 5.6.28, 5.6.29, 5.6.30 - Trade Practices Act 1974 (Cth) – s 87(1)
CATEGORY : Principal judgment
- Bidald Consulting Pty Ltd v Miles Special Builders Pty Ltd [2005] NSWSC 1235; (2005) 226 ALR 510 CASES CITED : - Emanuele v Australian Securities Commission (1995) 63 FCR 54 - Selim v McGrath [2003] NSWSC 927; (2003) 47 ACSR 537
PARTIES : Maylord Equity Management Pty Ltd (Plaintiff) ReelTime Media Ltd (Defendant)
FILE NUMBER(S) : SC 3943/08
COUNSEL : A.F. Fernon (Plaintiff) D.R. Stack (Defendant)
SOLICITORS : Sagacious Legal (Plaintiff) Kemp Strang (Defendant)
3943/08 Maylord Equity Management Pty Ltd v ReelTime Media Ltd
JUDGMENT
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