Application of Kenneth Michael Whittingham; re The Spanish Club Limited (Subject to Deed of Company Arrangement) ACN 001 059 187 [2009] NSWSC 1426

New South Wales Supreme Court

CITATION : Application of Kenneth Michael Whittingham; re The Spanish Club Limited (Subject to Deed of Company Arrangement) ACN 001 059 187 [2009] NSWSC 1426

HEARING DATE(S) : 3 December 2009

JUDGMENT DATE : 9 December 2009

JURISDICTION : Equity Division

JUDGMENT OF : Brereton J

DECISION : Summons dismissed

CATCHWORDS : CORPORATIONS – external administration - voluntary administration – deed of company arrangement – application by deed administrator for judicial advice – where administrator seeks permission to convene meeting to vary or terminate deed of company arrangement – whether appropriate to give advice sought – where conditions for termination under (CTH) Corporations Act 2001, s 445C(b), not satisfied – where variation would be amenable to challenge in adversarial litigation – held, inappropriate to give advice

LEGISLATION CITED : (CTH) Corporations Act 2001, s 445A, s 445B, s 445C(b), s 445C(c), s 445CA, s 445F, s 445F(1)(a), s 447D, s 447E (NSW) Registered Clubs Act 1976

CATEGORY : Principal judgment

Australian Pipeline Ltd [2006] NSWSC 1316, (2006) 60 ACSR 625 Correa v The Spanish Club Ltd [2009] NSWSC 1225 Hartigan Nominees Pty Ltd v Rydge (1992) 29 NSWLR 405 Humphries (as administrator of Hazelton Air Charter Pty Ltd v Mentha (2002) 41 ACSR 472 CASES CITED : Re Ansett Australia Ltd (No 3) (2002) 40 ACSR 433 Re Gilchrist (1867) 6 SCR (NSW) Eq 74 Re Sinnamon [1940] QWN 41 Re Union Trustee Co of Australia Ltd [1936] QWN 6 Surber v Lean (2000) 36 ACSR 176

Kenneth Michael Whittingham (Applicant) PARTIES : Delores Correa (Intervener) G & J Drivas Pty Ltd (Intervener)