Onefone Australia Pty Ltd v One.Tel Ltd [2011] NSWSC 59

Supreme Court New South Wales

Medium Neutral Citation: Onefone Australia Pty Ltd v One.Tel Ltd [2011] NSWSC 59 Hearing dates: 17 February 2011 Decision date: 22 February 2011 Jurisdiction: Equity Division - Corporations List Before: Barrett J Decision: Orders with respect to liquidator's remuneration Catchwords: CORPORATIONS - winding up - special purpose liquidator appointed by court in creditors voluntary winding up - where members of committee of inspection and ASIC made submissions against approval of remuneration initially sought - liquidator's claim revised - claim to be assessed by registrar in the first instance - order for payment of two thirds of claim in advance of this assessment Legislation Cited: Corporations Act 2001 (Cth), s 511 Cases Cited: Georges re Sonray Capital Markets Pty Ltd [2010] FCA 1371 Onefone Australia Pty Ltd v One.Tel Ltd [2010] NSWSC 1120; (2010) 80 ACSR 11 Category: Principal judgment Parties: Onefone Australia Pty Limited - First Plaintiff DCA Resources Australia Pty Limited - Second Plaintiff Pacific Finance Group Pty Limited - Third Plaintiff Concept Systems (Australia) Pty Limited - Fourth Plaintiff One.Tel Limited - First Defendant Steven Sherman - Second Defendant Peter Walker - Third Defendant Paul Gerard Weston - Special Purpose Liquidator - Applicant Representation: Counsel: Mr N A Cotman SC - Special Purpose Liquidator Solicitors: O'Neill Partners - Special Purpose Liquidator File Number(s): 2003/86446