In the matter of Photo Corporation of Australia Pty Ltd [2013] NSWSC 2008

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Photo Corporation of Australia Pty Ltd [2013] NSWSC 2008 Hearing dates: 16 August 2013 Decision date: 16 August 2013 Jurisdiction: Equity Division - Corporations List Before: Black J Decision: Orders made for extension of convening period for the second meeting of creditors. Catchwords: CORPORATIONS - management and administration - meetings - creditors meetings - application for an extension of the convening period for the second meeting of creditors - where extension of time sought to allow calculation of employee entitlements and for proposal of a deed of company arrangement. Legislation Cited: Corporations Act 2001 (Cth) ss 439A, 477A, Pt 5.3A Cases Cited: - Mann v Abruzzi Sports Club Ltd (1994) 12 ACSR 611 - Re Austcorp Group Ltd (admins apptd) [2009] FCA 636 - Re Diamond Press Australia Pty Ltd [2001] NSWSC 313 - Re Kavia Holdings Pty Ltd [2013] NSWSC 721 - Re Owen; RiverCity Motorway Pty Ltd (admins apptd) (recs and mgrs apptd) v Madden (No 4) [2012] FCA 1491; (2012) 92 ACSR 255 - Re Riviera Group Pty Ltd (admins apptd) (recs and mgrs apptd) [2009] NSWSC 585; (2009) 72 ACSR 352 Category: Interlocutory applications Parties: John Maxwell Morgan (First Plaintiff) Stephen Glen James (Second Plaintiff) Photo Corporation of Australia Pty Limited (administrator appointed) (Defendant) Representation: Counsel: P. Fordyce (Solicitor - Plaintiffs) Solicitors: PMF Legal Limited (Plaintiffs) File Number(s): 2013/249406