In the matter of AAMAC Warehousing and Transport Pty Ltd (in liquidation) ACN 100 947 091 [2014] NSWSC 834

Supreme Court New South Wales

Medium Neutral Citation: In the matter of AAMAC Warehousing and Transport Pty Ltd (in liquidation) ACN 100 947 091 [2014] NSWSC 834 Hearing dates: 12 May 2014 Decision date: 23 June 2014 Jurisdiction: Equity Division - Corporations List Before: Brereton J Decision: Extension of time under Corporations Act s 588FF(3)(b) to bring proceedings to recover voidable transactions refused Catchwords: CORPORATIONS - winding up - conduct and incidents of winding up - voidable transactions - preferences - time to apply - extension of time Legislation Cited: (CTH) Corporations Act 2001, s 588FF Cases Cited: Arnautovic v Nichola [2009] NSWSC 233 BP Australia Ltd v Brown and Others [2003] NSWCA 216; (2003) 58 NSWLR 322 Brisbane South Regional Health Authority v Taylor (1996) 186 CLR 541 Fortress Credit Corporation (Australia) II Pty Ltd v Fletcher [2014] NSWCA 148 New Cap Reinsurance Corp v Reaseguros Alianza SA [2004] NSWSC 787; (2004) 186 FLR 175 Re Clarecastle Pty Limited [2011] NSWSC 857; (2011) 85 ACSR 260 Category: Principal judgment Parties: Paul Gerard Weston as liquidator of AAMAC Warehousing & Transport Pty Ltd (in liquidation) ACN 100 947 091(plaintiff) Warehouse Solutions International Pty Ltd (first defendant) WSI International Pty Ltd (second defendant) Peter Panaya (third defendant) Deceased Estate of Terry Panayi (fourth defendant) Peter Panayi jnr (fifth defendant) Russell Panayi (sixth defendant) Christopher Panayi (seventh defendant) Thomas James Panayi (eight defendant) Tomce Temelkov (ninth defendant) Cleaven's Forklifts Pty Ltd (tenth defendant) Freightquip Australia Pty Ltd (eleventh defendant) Unigas Pty Ltd (twelfth defendant) Roads & Maritime Services (thirteenth defendant) AAMAC Transport (NSW) Pty Ltd (in liq) (fourteenth defendant) Representation: Counsel: RA Parsons (plaintiff) DR Pritchard SC (1, 3, 5-8 defendants) Solicitors: Jones King Lawyers (plaintiff) McKells Solicitors (1, 3, 5-8 defendants) File Number(s): 2013/384608