In the matter of 311 Hume Highway Liverpool Fund Pty Limited (in liquidation) [2013] NSWSC 465

Supreme Court New South Wales

Medium Neutral Citation: In the matter of 311 Hume Highway Liverpool Fund Pty Limited (in liquidation) [2013] NSWSC 465 Hearing dates: 26 April 2013 Decision date: 01 May 2013 Jurisdiction: Equity Division - Corporations List Before: Black J Decision: Application for orders that winding up of the company be terminated is dismissed Catchwords: CORPORATIONS - Winding up - Termination of winding up order - Solvency - Whether interests of future creditors served by termination of winding up - Whether any public interest reason not to terminate the winding up Legislation Cited: Corporations Act 2001 (Cth) ss 471A, 471A(1A), 482 Supreme Court (Corporations) Rules 1999 (NSW) r 2.8 Cases Cited: - Apostolou v VA Corporation of Australia Pty Ltd [2010] FCA 64; (2010) 77 ACSR 84 - Brolrik Pty Ltd v Sambah Holdings Pty Ltd (2001) 40 ACSR 361 - Dubolo Pty Ltd (t/as Fender Signs) v Codrington Investment Corporation Pty Ltd (1998) 26 ACSR 723 - Deputy Commissioner of Taxation, Re Directcorp Pty Ltd (in liq) v Directcorp Pty Ltd [2006] FCA 1020; (2006) 58 ACSR 398 - Expile Pty Ltd v Jabb's Excavations Pty Ltd [2003] NSWCA 163; (2003) 45 ACSR 711 - Gematech Pty Ltd v Bardi Investments Pty Ltd [2008] NSWSC 196 - GIO Workers Compensation (NSW) Ltd v Advance International (Aust) Pty Ltd [2002] NSWSC 261 - Kennards Hire Pty Ltd v RMGA Pty Ltd [2010] NSWSC 1387 - Leveraged Equities Ltd v Hilldale Australia Pty Ltd [2008] NSWSC 190; (2008) 28 ACLC 182 - Mercy & Sons Pty Ltd v Wanari Pty Ltd [2000] NSWSC 756; (2000) 157 FLR 107; (2000) 35 ACSR 70 - Metledge v Bambakit Pty Ltd (in liq) [2005] NSWSC 160 - Owners Strata Plan 70294 v LNL Global Enterprises Pty Ltd [2006] NSWSC 1386; (2006) 60 ACSR 646 - Prendergast v Rolcross Pty Ltd (in liq) [2008] NSWSC 146 - QBE Workers Compensation Pty Ltd v P Russell Enterprises Pty Ltd [2005] NSWSC 1128 - Re Data Homes Pty Ltd (in liq) [1972] 2 NSWLR 22 - Re Directcorp Pty Ltd (in liq) v Directcorp Pty Ltd [2006] FCA 1020; (2006) 58 ACSR 398 - Re Kitchen Dimensions Pty Ltd (in liq) [2012] VSC 280 - Re Mondena Imports Pty Ltd [2010] NSWSC 739 - Re Nardell Coal Corporation Pty Ltd [2004] NSWSC 281; (2004) 49 ACSR 110 - Re Pine Forests of Australia (Canberra) Pty Ltd [2010] NSWSC 1127 - Re Plaza West Pty Limited (in liq) (subject to Deed of Company Arrangement) [2013] NSWSC 168 - Re R.A.N.S. Pty Ltd [2012] VSC 480 - Re SNL Group Pty Ltd (in liq) [2010] NSWSC 797 - Re Warbler Pty Ltd (1982) 6 ACLR 526 - Vero Workers Compensation (NSW) Ltd v Ferretti Pty Ltd [2006] NSWSC 292; (2006) 57 ACSR 103 - Von Riesefer v Mainfreight International Pty Ltd [2009] VSCA 129; (2009) 73 ACSR 427 Category: Interlocutory applications Parties: Liverpool City Council (Plaintiff) 311 Hume Highway Liverpool Fund Pty Ltd (in liquidation) (Defendant) Antonio Andrew Maiolo (Applicant) Representation: Counsel: P. Newton (Applicant) R. Notley (Plumb Corporate Pty Limited, Masaca Pty Limited and C. Hanna and Joseph Maroun) J. Singh (Chief Commissioner of State Revenue) M. Hodges (Liverpool City Council) M. Stevens (Liquidator - Peter Burton) Solicitors: Bridges Lawyers (Applicant) Hancock Alldis & Roskov (Plumb Corporate Pty Limited, Masaca Pty Limited and C. Hanna and Joseph Maroun) Champion Legal (Chief Commissioner of State Revenue) Mark Hodges (Liverpool City Council) O'Neill Partners (Liquidator - Peter Burton) File Number(s): 2012/92063