JPMorgan Chase Bank, National Association v Fletcher; Grant Samuel Corporate Finance Pty Limited v Fletcher [2014] NSWCA 31

Court of Appeal Supreme Court New South Wales Medium Neutral Citation: JPMorgan Chase Bank, National Association v Fletcher; Grant Samuel Corporate Finance Pty Limited v Fletcher [2014] NSWCA 31 Hearing dates: 30 September 2013 Decision date: 28 February 2014 Before: Beazley P at [1]; Macfarlan JA at [149]; Gleeson JA at [166] Decision: 1. Grant leave to appeal; 2. Appeal dismissed with costs. [Note: The Uniform Civil Procedure Rules 2005 provide (Rule 36.11) that unless the Court otherwise orders, a judgment or order is taken to be entered when it is recorded in the Court's computerised court record system. Setting aside and variation of judgments or orders is dealt with by Rules 36.15, 36.16, 36.17 and 36.18. Parties should in particular note the time limit of fourteen days in Rule 36.16.] Catchwords: CORPORATIONS - insolvency - voidable transactions - Corporations Act 2001, s 588FF - whether only one application may be made under s 588FF(3)(b) for an extension of time - whether UCPR, r 36.16(2)(b) is picked up by the Judiciary Act 1903, s 79 - whether UCPR, r 36.16(2)(b) permits an order made extending time to be varied so as to permit a extension of time.

PROCEDURE - Uniform Civil Procedure Rules, r 36.16(2)(b) - whether the Court has the power to vary an order that has been made in the absence of a person affected by the order, when the absent party is not a party on the record. Legislation Cited: Civil Procedure Act 2005 Corporations Act 2001 (Cth) Judiciary Act 1903 Uniform Civil Procedure Rules 2005 Cases Cited: ACP Magazines Pty Ltd v Motion [2000] NSWSC 1169 Agtrack (NT) Pty Ltd v Hatfield [2005] HCA 38; 223 CLR 251 Air Link Pty Ltd v Paterson [2005] HCA 39; 223 CLR 283 Ansell Ltd v Davies [2008] SASC 2003; 67 ACSR 356 Anthony Hordern & Sons Ltd v Amalgamated Clothing & Allied Trades Union of Australia [1932] HCA 9; 47 CLR 1 APLA Limited v Legal Services Commissioner (NSW) [2005] HCA 44; 224 CLR 322 Bailey v Marinoff [1971] HCA 49; 125 CLR 529 Bass v Permanent Trustee Co Ltd [1999] HCA 9; 198 CLR 334 BP Australia Ltd v Brown [2003] NSWCA 216; 58 NSWLR 322 Brown v DML Resources Pty Ltd (in liq) (No 6) [2002] NSWSC 6; 166 FLR 393 Campaign Master (UK) Ltd v Forty Two International Pty Ltd (No 4) [2010] FCA 398; 269 ALR 76 David Grant & Co Pty Ltd v Westpac Banking Corporation [1995] HCA 43; 184 CLR 265 De Vos v Daly [1947] HCA 12; 73 CLR 509 Douglass v Gillman (1990) 19 NSWLR 570 Garden Mews-St Leonards Pty Ltd v Butler Pollnow Pty Ltd (No 2) (1984) 9 ACLR 117 Gordon v Tolcher [2006] HCA 62; 231 CLR 334 Green v Chiswell Furniture Pty Ltd (In Liq) [1999] NSWSC 608 Greig v Australian Building Industries Pty Ltd (In Liq) [2002] QSC 298; 171 FLR 41 Greig v Stramit Corporation Pty Ltd [2003] QCA 298; 2 Qd R 17 In the Matter of Bauhaus Pyrmont Pty Ltd (In Liq) [2006] NSWSC 879; 67 NSWLR 289 Jacques v Harrison (1883) 12 QBD 136 Knight v FP Special Assets Ltd [1992] HCA 28; 174 CLR 178 at 190 Law Society of New South Wales v Jackson [1981] 1 NSWLR 730 Lee v New South Wales Crime Commission [2013] HCA 39; 87 ALJR 1082 Macleod v Australian Securities and Investments Commission [2002] HCA 37; 211 CLR 287 Mansfield v DPP [2006] HCA 38; 226 CLR 486 Newmont Yandal Operations Pty Ltd v J Aron Corporation [2007] NSWCA 195; 70 NSWLR 411 Nicholson v Nicholson [1974] 2 NSWLR 59 Northern Territory v GPAO [1999] HCA 8; 196 CLR 553 Park & McIntosh v Lanray Industries Pty Ltd [2010] QCA 257; 80 ACSR 186 R v Aubrey [2012] NSWCCA 254 R v Gee [2003] HCA 12; 212 CLR 230 R v Murray; ex parte Commonwealth [1916] HCA 58; 22 CLR 437 R v Wallis; ex parte Employers Association of Wool-Selling Brokers and H V Mackay Massey Harris Pty Ltd [1949] HCA 30; 78 CLR 529 Re Alcan Australia Ltd; ex parte Federation of Industrial, Manufacturing and Engineering Employees [1994] HCA 34; 181 CLR 96 Re Aura Commercial Interiors Pty Ltd [2002] NSWSC 380; 20 ACLC 904 Star v National Australia Bank Ltd (1999) 30 ASCR 583 Sutherland v Dexion Pty Ltd [2003] NSWSC 24; 173 FLR 123 Tagoori Pty Ltd (In Liq) v Lee [2001] 2 Qd R 98 Wardley Australia Ltd v The State of Western Australia [1992] HCA 55; 175 CLR 514 Water Board v Moustakas [1988] HCA 12; 180 CLR 491 Workers Compensation Nominal Insurer v Detailed Flooring Pty Ltd [2010] NSWSC 1056; 80 ACSR 1 Texts Cited: Peter Taylor and P W Young, Ritchie's Supreme Court Procedure (NSW) (1984- 2005) Butterworths Category: Principal judgment Parties: JPMorgan Chase Bank, National Association (First Applicant CA 2013/64153) J P Morgan Securities Australia Limited (Second Applicant CA 2013/64153) Grant Samuel Corporate Finance Pty Limited (Applicant CA 2013/71401) William John Fletcher and Katherine Elizabeth Barnet as Liquidators of Octaviar Limited (Receivers and Managers Appointed) (In Liquidation) and Octaviar Administration Pty Ltd (In Liquidation) (First Respondent) Octaviar Limited (Receivers and Managers Appointed) (In Liquidation) (Second Respondent) Octaviar Administration Pty Ltd (In Liquidation) (Third Respondent) Representation: Counsel: C R C Newlinds SC; S Nixon (JP Morgan) A J L Bannon SC; G K J Rich (Grant Samuel Corporate Finance) B A Coles QC; P J Dowdy; A K Flecknoe-Brown (Respondents) Solicitors: Corrs Chambers Westgarth Lawyers (JPMorgan Chase Bank, National Association and J P Morgan Securities Australia Limited) Watson Mangioni Lawyers (Grant Samuel Corporate Finance) Henry Davis York (Respondents) File Number(s): CA 2013/64153; 2013/71401 Decision under appeal Jurisdiction: 9111 Citation: In the matter of Octaviar Limited (receivers and managers appointed) (in liquidation) and Octaviar Administration Pty Limited (in liquidation) [2013] NSWSC 62 Date of Decision: 2013-02-08 00:00:00 Before: Black J File Number(s): 2011/153330