Sanderson as Liquidator of Sakr Nominees Pty Ltd (in liquidation) v Sakr [2017] NSWCA 38

Court of Appeal Supreme Court New South Wales Medium Neutral Citation: Sanderson as Liquidator of Sakr Nominees Pty Ltd (in liquidation) v Sakr [2017] NSWCA 38 Hearing dates: 23 November 2016 Date of orders: 09 March 2017 Decision date: 09 March 2017 Before: Bathurst CJ at [1]; Beazley P at [69]; Gleeson JA at [70]; Barrett AJA at [71]; Beach AJA at [72] Decision: 1 Grant the applicant leave to appeal.

2 Direct the applicant within 14 days to file a Notice of Appeal in the form of the Draft Notice of Appeal appearing at tab 3 of volume 1 of the White Book.

3 Appeal allowed.

4 Remit the application for remuneration to a judge of the Equity Division of the Court for rehearing. Catchwords: CORPORATIONS – winding up – liquidators remuneration – whether error in failing to take into account the reasonableness of the work performed, the hourly rate and the time taken – whether error in applying considerations of proportionality – whether error in applying rates of ad valorem remuneration – whether failure to take into account that creditors had approved remuneration on the basis of time costing Legislation Cited: Corporations Act 2001 (Cth) ss 473, 504, 488, 425, 449E Corporations Amendment (Insolvency) Act 2007 (Cth) Supreme Court Act 1970 (NSW) s 75A Cases Cited: Branir Pty Ltd v Owston Nominees (No 2) Pty Ltd (2001) 117 FCR 424; [2001] FCA 1833 Conlan (as liquidator of Rowena Nominees Pty Ltd) v Adams (2008) 65 ACSR 521; [2008] WASCA 61 DAO v The Queen (2011) 81 NSWLR 568; [2011] NSWCCA 63 Dwyer v Calco Timbers Pty Ltd (2008) 234 CLR 124; [2008] HCA 13 Hall v Poolman (2009) 75 NSWLR 99; [2009] NSWCCA 64 House v The King (1936) 55 CLR 499; [1936] HCA 40 Idylic Solutions Pty Ltd [2016] NSWSC 1292 Mirror Group Newspapers plc v Maxwell (No 2) [1998] 1 BCLC 638 Norbis v Norbis (1986) 161 CLR 513; [1986] HCA 17 Re AAA Financial Intelligence Ltd (in liquidation) (No 2) ACN 093 616 445 [2014] NSWSC 1270 Re Carton Ltd (1923) 39 TLR 194 Re Clout in its capacity as liquidator of Mainz Developments Pty Ltd (in liq) [2016] NSWSC 1146; (2016) 115 ACSR 459 Re Gramarkerr Pty Ltd (No 2) [2014] NSWSC 1405 Re Hellion Protection Pty Ltd (in liq) [2014] NSWSC 1299 Re Korda; in the matter of Stockford Ltd (2004) 140 FCR 424; [2004] FCA 1682 Templeton v Australian Securities and Investments Commission (2015) FCAFC 137; (2015) 108 ACSR 545 Venetian Nominees Pty Ltd v Conlan (1998) 20 WAR 96; (1998) 16 ACLC 1653 Warner, Re GTL Tradeup Pty Ltd (in liq) (2015) 104 ACSR 633; [2015] FCA 323 Weston v Publishing and Broadcasting Ltd (2012) 88 ACSR 80; [2012] NSWCA 79 Category: Principal judgment Parties: Clifford Sanderson as Liquidator of Sakr Nominees Pty Limited (in Liquidation) (ACN 090 735 587) (Applicant) Representation: Counsel: V Whittaker/L Hulmes (Applicant) DL Cook SC/M Cowden (ASIC) N Hutley SC/S Aspinall (ARITA)