NSW Caselaw
Supreme Court New South Wales
Medium Neutral Citation: In the matter of QC Resource Investments Pty Ltd (in liq) [2015] NSWSC 2042 Hearing dates: 30 November 2015 Decision date: 30 November 2015 Jurisdiction: Equity - Corporations List Before: Black J Decision: Approval given to liquidators to enter into proposed amended funding agreement. Costs to be costs in winding up. Exhibits other than Confidential Exhibit A1 to be returned. Catchwords: CORPORATIONS — Winding up — Liquidators — Application for approval of entry into litigation funding agreement under s 477(2B) Corporations Act 2001 (Cth) — whether agreement in interests of creditors. Legislation Cited: - Corporations Act 2001 (Cth), s 477(2B) Cases Cited: - Fortress Credit Corporation (Australia) II Pty Ltd v Fletcher (as liquidators of Octaviar Administration Pty Ltd (in liq)) [2015] NSWCA 85; (2015) 105 ACSR 581 - Leigh; Re AP & PJ King Pty Ltd (in liq) [2006] NSWSC 315 - Re Blue Mountains Helicopters Pty Ltd (in liq) [2013] NSWSC 1630 - Re GA Listing & Maintenance Pty Ltd (1994) 15 ACSR 308 - Re Gerard Cassegrain & Co Pty Ltd (in liq) [2013] NSWSC 257 - Re McGrath (in their capacity as liquidators of HIH Insurance Ltd) [2010] NSWSC 404; (2010) 78 ACSR 405 Category: Principal judgment Parties: Michael Owen and David Leigh as liquidators of QC Resource Investments Pty Ltd (in liq) (Plaintiffs) Representation: Counsel: D Sulan/R May (Plaintiffs)
Solicitors: Johnson Winter & Slattery (Plaintiffs) File Number(s): 2015/329089
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