In the matter of TEN Network Holdings Limited (Administrators Appointed) (Receivers and Managers Appointed) and Others [2017] NSWSC 1219

Supreme Court New South Wales

Medium Neutral Citation: In the matter of TEN Network Holdings Limited (Administrators Appointed) (Receivers and Managers Appointed) and Others [2017] NSWSC 1219 Hearing dates: 7 September 2017 Decision date: 07 September 2017 Jurisdiction: Equity - Corporations List Before: Black J Decision: The Court makes orders adjourning the second meetings of creditors of the 4th–17th Defendants to 19 September 2017 and lists the matter for hearing on 12–13 September 2017. Catchwords: CIVIL PROCEDURE — Hearings — where Plaintiffs seek urgent final relief in respect of creditors meetings – where meeting may render relief inutile – whether Plaintiffs should be required to seek interlocutory relief and give undertaking as to damages – when proceedings should be listed for hearing. Legislation Cited: - Civil Procedure Act 2005 (NSW), ss 56–58 - Corporations Act 2001 (Cth), ss 447A, 600H, Sch 2 s 90-15 - Insolvency Practice Rules (Corporations) 2016 (Cth), r 75-85 Category: Procedural and other rulings Parties: WIN Corporation Pty Ltd (First Plaintiff) Birketu Pty Ltd (Second Plaintiff) Andrew Lancaster (Third Plaintiff) Mark Korda (First Defendant) Jarrod Villiani (Second Defendant) Jenny Nettleton (Third Defendant) Ten Network Holdings Ltd (Admins Apptd) (Recs and Mgrs Appointed) (Fourth Defendant) The Ten Group Pty Ltd (Admins Apptd) (Recs and Mgrs Apptd (Fifth Defendant) Network Ten Pty Ltd (Admins Apptd) (Recs and Mgrs Apptd) (Sixth Defendant) Network Ten (Sydney) Pty Ltd (Admins Apptd) (Recs and Mgrs Apptd) (Seventh Defendant) Network Ten (Brisbane) Pty Ltd (Admins Apptd) (Recs and Mgrs Apptd) (Eighth Defendant) Network Ten (Melbourne) Pty Ltd (Admins Apptd) (Recs and Mgrs Apptd) (Ninth Defendant) Network Ten (Perth) Pty Ltd (Admins Apptd) (Recs and Mgrs Apptd) (Tenth Defendant) Network Ten (Adelaide) Pty Ltd (Admins Apptd) (Recs and Mgrs Apptd) (Eleventh Defendant) Caprice Pty Ltd (Admins Apptd) (Recs and Mgrs Apptd) (Twelfth Defendant) Chartreuse Pty Ltd (Admins Apptd) (Recs and Mgrs Apptd) (Thirteenth Defendant) Television & Telecasters (Properties) Pty Ltd (Admins Apptd) (Fourteenth Defendant) Ten Online Pty Ltd (Admins Apptd) (Fifteenth Defendant) Ten Ventures Pty Ltd (Admins Apptd) Sixteenth Defendant) Ten Employee Share Plans Pty ltd (Admins Apptd) (Seventeenth Defendant) CBS International Television Australia Pty Ltd (Eighteenth Defendant) CBS Broadcasting, Inc. (Nineteenth Defendant) Showtime Distribution B.V. (Twentieth Defendant) Representation: Counsel: A S Bell SC/D F C Thomas (Plaintiffs) R McHugh SC/T L Wong (1st to 17th Defendants) J A C Potts SC/P Kulevski (18th to 20th Defendants)