In the matter of Liverpool Hotels Pty Ltd (in liq) [2010] NSWSC 72

New South Wales Supreme Court

CITATION : In the matter of Liverpool Hotels Pty Ltd (in liq) [2010] NSWSC 72

HEARING DATE(S) : 24 November 2009

JUDGMENT DATE : 16 February 2010

JURISDICTION : Equity

JUDGMENT OF : Austin J

DECISION : Order that the interlocutory process filed on 20 August 2009 (other than para 2 thereof) be dismissed and that the applicant pay the respondent's costs as agreed or assessed

CATCHWORDS : CORPORATIONS - winding up - application for reinstatement of defunct company by liquidator for purpose of investigating and taking recovery proceedings - failure to notify former director of reinstatement application - whether Court should set aside reinstatement order - whether Court should reverse the reinstatement under s 1322 - whether liquidator is acting for improper purpose - whether proposed recovery proceedings statute-barred - whether abuse of process - whether liquidator's solicitor should be disqualified from acting

Corporations Act 2001 (Cth), ss 564, 601AH, 1322 LEGISLATION CITED : Limitation Act 1969 (NSW), ss 11, 14, 47, 48 Supreme Court (Corporations) Rules, 1999, rule 11.5 Uniform Civil Procedure Rules, rules 36.15, 49.19

Barnes v Addy (1874) LR 9 Ch App 244 BP Australia Ltd v Brown (2003) 58 NSWLR 322 Cameron v Cole (1944) 68 CLR 571 Evans v Wainter Pty Ltd (2005) 145 FCR 176, [2005] FCAFC 114 Hall v Poolman [2009] NSWCA 64 Meteyard v Love (2005) 65 NSWLR 36 CASES CITED : Miltonbrook Pty Ltd v Westbury Holdings Kiama Pty Ltd (2008) 71 NSWLR 262; [2008] NSWCA 38 Newham v Australian Securities and Investments Commission (2000) 35 ACSR 147, [2000] ACTSC 77 Sims (as liquidator of Liverpool Hotels Pty Ltd) [2009] NSWSC 885 Taylor v Taylor (1979) 143 CLR 1 Tomko v Palasty (No 2) (2007) 71 NSWR 61; [2007] NSWCA 369 Westpac Banking Corporation v Totterdell (1998) 29 ACSR 448 White Constructions (ACT) Pty Ltd (in liq) v White (2004) 49 ACSR 220; [2004 NSWSC 71