Larkden Pty Limited -v- Lloyd Energy Systems Pty Limited [2011] NSWSC 1305

Supreme Court New South Wales

Medium Neutral Citation: Larkden Pty Limited -v- Lloyd Energy Systems Pty Limited [2011] NSWSC 1305 Hearing dates: 5 October 2011 Decision date: 05 October 2011 Jurisdiction: Equity Division - Commercial Arbitration List Before: Hammerschlag J Decision: Pursuant to s 440D of the Corporations Act 2001 (Cth), leave to proceed given to the plaintiff to bring recognition and enforcement proceedings under s 35 of the Commercial Arbitration Act 2010 (NSW) Catchwords: CORPORATIONS - COMMERCIAL ARBITRATION - S 440D of the Corporations Act 2001 (Cth) - an application for leave to bring and continue proceedings against a company in voluntary administration for recognition and enforcement of an arbitral award pursuant to s 35 of the Commercial Arbitration Act 2010 (NSW) - nature of discretion to be exercised - relevant circumstances - leave granted Legislation Cited: Corporations Act 2001 (Cth) Commercial Arbitration Act 2010 (NSW) Cases Cited: Larkden Pty Ltd v Lloyd Energy Systems [2011] NSWSC 268 Foxcroft v The Inc Group Pty Ltd (1994) 15 ACSR 203 Brian Rochford Ltd v Textile Clothing and Footwear Union of NSW (1998) 30 ACSR 38 Re Atlantic Computer Systems PLC [1992] Ch 506 Auburn Council v Austin Australia Pty Ltd (2004) 22 ACLC 766 Westport Insurance Corporation v Gordian Runoff Ltd [2011] HCA 37 Pioneer Water Tanks (Australia 94) Pty Ltd v Delat Pty Ltd (1997) 25 ACSR 757 Category: Principal judgment Parties: Counsel: Larkden Pty Limited - Plaintiff Lloyd Energy Systems Pty Limited - Defendant Representation: T.M. Mehigan [Plaintiff] C.R.C. Newlinds SC with N.M. Bender [Defendant] Solicigtors: Allens Arthur Robinson [Plaintiff] Kemp Strang Lawyers [Defendant] File Number(s): 2010/416290