In the matter of Hueffel Engineering Co Pty Limited (in liquidation) [2013] NSWSC 1298

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Hueffel Engineering Co Pty Limited (in liquidation) [2013] NSWSC 1298 Hearing dates: 22 April 2013 Decision date: 20 May 2013 Jurisdiction: Equity Division - Corporations List Before: Black J Decision: Order made granting special leave to distribute surplus funds available in the liquidation of the defendant. Catchwords: CORPORATION - winding up - special leave sought under s 488(2) of the Corporations Act 2001 (Cth) for distribution of surplus funds in liquidation - whether creditors' claims have properly been recognised - whether relativities between contributories have been observed. Legislation Cited: - Corporations Act 2001 (Cth) ss 480(c), 488(2) - Supreme Court (Corporations) Rules 1999 (NSW) r 7.5-7.6 - Corporations Regulations 2001 (Cth) reg 5.6.71 Cases Cited: - CGU Workers Compensation (NSW) Ltd v Ascom Service Automation (Australia) Pty Ltd [2005] NSWSC 747 - Re Capel Finance Ltd [2005] NSWSC 286; (2005) 52 ACSR 601 - Re DS Millard & Son Pty Ltd (1997) 24 ACSR 71; 15 ACLC 808 - Re Powell-Cotton's Resettlement [1957] Ch 159 Category: Interlocutory applications Parties: Orrcon Operations Pty Limited (Plaintiff) H Hueffel Engineering Co Pty Limited (Defendant) Mitchell Ball in his capacity as liquidator of H Hueffel Engineering Co Pty Limited (in liquidation) (Applicant) Representation: Counsel: A. Kozary (sol) (Applicant) Solicitors: ERA Legal (Applicant) File Number(s): 2009/290914