In the matter of Equiticorp Finance Holdings Limited (in liq) (scheme administrator appointed) & Ors [2015] NSWSC 1992

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Equiticorp Finance Holdings Limited (in liq) (scheme administrator appointed) & Ors [2015] NSWSC 1992 Hearing dates: 20 July 2015 Decision date: 20 July 2015 Before: Black J Decision: Orders in accordance with the short minutes of order as amended and placed in the file. Catchwords: CORPORATIONS – winding up – application for orders relating to retirement of liquidator and scheme administrator and appointment of a replacement liquidator and scheme administrator – whether the Court has an inherent jurisdiction to replace a scheme administrator. Legislation Cited: - Companies Code s 373 - Corporations Act 2001 (Cth) ss 473, 532(2), 1408 - Corporations Law s 601 - Supreme Court (Corporations) Rules 1999 (NSW) r 7.1 Cases Cited: - Re Equiticorp Australia Limited (in liq) [2011] NSWSC 1368 - Re Free [2010] NSWSC 1079 - Re McGrath [2005] NSWSC 506; (2005) 54 ACSR 55 - Re Sutherland [2004] NSWSC 798; (2004) 50 ACSR 297 - Re Thomas [2013] NSWSC 2016 - Re Wily [2003] NSWSC 1260; (2003) 49 ACSR 94 Texts Cited: - J D Heydon & M J Leeming, Jacobs' Law of Trusts in Australia, (7th ed, 2006, LexisNexis Butterworths) Category: Principal judgment Parties: Kenneth John Rennie (First Plaintiff) Philip Campbell-Wilson (Second Plaintiff) Representation: Counsel: H Insall (Plaintiffs)

Solicitors: Hugh & Associates (Plaintiffs) File Number(s): 2015/197610