In the matter of Mio Amico Pty Limited [2013] NSWSC 1292

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Mio Amico Pty Limited [2013] NSWSC 1292 Hearing dates: 28 August 2013 Decision date: 30 August 2013 Jurisdiction: Equity Division - Corporations List Before: Black J Decision: Application to set aside creditor's statutory demand dismissed. Orders made for company to pay defendant's costs, as agreed or as assessed. Catchwords: CORPORATIONS - statutory demands - application to set aside a creditor's statutory demand - where an appeal is planned against a dismissal of a cross-claim - whether the affidavit supporting application to set aside a statutory demand sufficiently identifies the grounds of opposition - whether proposed appeal gives rise to 'some other reason' to set aside a creditor's statutory demand under s 459J Corporations Act 2001 (Cth) - whether cross-claim seriously arguable so as to give rise to any realistic prospect of recovery in an amount exceeding the debt. Legislation Cited: Corporations Act 2001 (Cth) s 459F(2)(a)(i), 459G, 459H, 459J(1)(b), Pt 5.4 Cases Cited: - Ahern v Deputy Commissioner of Taxation (Qld) (1987) 76 ALR 137 - Collendina Pty Ltd v ClarkeKann (NSW) Pty Ltd (No 2) [2010] FCA 949 - Cranney Farm Pty Ltd v Corowa Fertilizers Pty Ltd [2011] NSWSC 9 - Deputy Commissioner of Taxation v Broadbeach Properties Pty Ltd [2008] HCA 41; (2008) 237 CLR 473 - Ebnar v Official Trustee in Bankruptcy [2000] HCA 63; (2001) 205 CLR 337 - Eumina Investments Pty Ltd v Westpac Banking Corp [1998] FCA 824; (1998) 84 FCR 454 - Food Channel Network Pty Ltd v Television Food Network GP [2010] FCA 403; (2010) 185 FCR 1 - Graywinter Properties v Gas and Fuel Corp Superannuation Fund (1996) 70 FCR 452; (1996) 21 ACSR 581 - Handberg v MIG Property Services Pty Ltd [2012] VSCA 126 - Infratel Networks Pty Ltd v Gundry's Telco and Rigging Pty Ltd [2012] NSWCA 365; (2012) 92 ACSR 27 - Portrait Express (Sales) Pty Ltd v Kodak (Australasia) Pty Ltd (1996) 20 ACSR 746 - Re Land Enviro Corp Pty Ltd [2013] NSWSC 731 - Re Saracen Holdings Pty Ltd [2013] NSWSC 1083 - Remote Camps Australia v Hazeldine Pty Ltd [2012] FCA 130 - Ryledar Pty Ltd v Euphoric Pty Ltd [2006] NSWSC 1288 - Timberland Property Holdings Pty Ltd v Schindler Lifts (Australia) Pty Ltd [2011] NSWSC 466 Category: Interlocutory applications Parties: Mio Amico Pty Limited (Plaintiff) Australia and New Zealand Banking Group Limited (Defendant) Representation: Counsel: M. Sahade (Plaintiff) K. Warwick (sol) (Defendant) Solicitors: Oliveri Lawyers (Plaintiff) Norton Rose Fulbright (Defendant) File Number(s): 2013/228120