In the matter of Amazon Pest Control Pty Limited [2012] NSWSC 1568

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Amazon Pest Control Pty Limited [2012] NSWSC 1568 Hearing dates: 7 November 2012 Decision date: 14 December 2012 Jurisdiction: Equity Division - Corporations List Before: Black J Decision: The First Defendant be wound up. Stewart Free be appointed liquidator of the First Defendant. These orders be stayed to 2pm on 24 January 2013. Parties to bring in agreed orders as to costs or, in the absence of agreement, short submissions as to their respective positions as to costs by 2pm on 24 January 2013. Catchwords: CORPORATIONS - Winding up - Application to wind up company on just and equitable ground - Breakdown of relations and loss of confidence between company's members - Whether quasi-partnership - Relevance of solvency - Whether company should be wound up in circumstances that it is solvent. Legislation Cited: - Corporations Act 2001 (Cth) ss 232, 461(1)(k), 467(4) Cases Cited: - Accurate Financial Consultants Pty Ltd v Koko Black Pty Ltd [2008] VSCA 86; (2008) 866 ACSR 325 - Belgiorno-Zegna v Exben Pty Ltd [2000] NSWSC 884; (2000) 35 ACSR 305 - Byrne v AJ Byrne Pty Ltd [2012] NSWSC 667 - Cumberland Holdings Ltd v Washington H Soul Pattinson & Co Ltd (1977) 13 ALR 561; 2 ACLR 307 - Duc v PTS Australian Distributor Pty Ltd [2005] NSWSC 98 - Ebrahimi v Westbourne Galleries Ltd [1973] AC 360 - Fexuto Pty Ltd v Bosnjak Holdings Pty Ltd [2001] NSWSC 97; (2001) 37 ACSR 672 - Guerinoni v Argyle Concrete & Quarry Supplies Pty Ltd [2000] WASCA 170; (1999) 34 ACSR 469 - Hillam v Ample Source International Ltd (No 2) [2012] FCAFC 73; (2012) 202 FCR 336 - Johnny Oceans Restaurant Pty Ltd v Page [2003] NSWSC 952 - MMAL Rentals Pty Ltd v Bruning [2004] NSWCA 451; (2004) 63 NSWLR 167 - Nassar v Innovative Precasters Group Pty Ltd [2009] NSWSC 342; (2009) 71 ACSR 343 - Re Dalkeith Investments Pty Ltd (1984) 9 ACLR 247 - Re G Jeffrey (Mens Store) Pty Ltd (1984) 9 ACLR 193 - Re Wondoflex Textiles Pty Ltd [1951] VLR 458 - Re Yenidje Tobacco Company Ltd [1916] 2 Ch 426 - Ruut v Head (1996) 20 ACSR 160 - Tomanovic v Argyle HQ Pty Ltd [2010] NSWSC 152 - Tomanovic v Global Mortgage Equity Corporation Pty Ltd [2011] NSWCA 104; (2011) 84 ACSR 121 Category: Principal judgment Parties: Edward Ted Lakis (Plaintiff) Amazon Pest Control Pty Limited (First Defendant) Michael Victor Lardis (Second Defendant) Amazon Pest Management Pty Limited (Third Defendant) Representation: Counsel: A. Spencer (Plaintiff) M.P. Cleary (Defendants) Solicitors: S. Webster (Plaintiff) PTW Law (Defendants) File Number(s): 12/222409