In the matter of Australian Tailings Group Pty Limited [2019] NSWSC 1218

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Australian Tailings Group Pty Limited [2019] NSWSC 1218 Hearing dates: 28 and 29 August 2019 Date of orders: 17 September 2019 Decision date: 17 September 2019 Jurisdiction: Equity - Corporations List Before: Black J Decision: The Plaintiff's Originating Process be dismissed. The Plaintiff to pay the Defendants' costs of and incidental to the application, as agreed or as assessed. Catchwords: CORPORATIONS – application to set aside a creditor's statutory demand – where plaintiff claims goods not delivered as provided under contract – where contract provided for delivery of goods upon full payment – where full payment not made – whether there is a genuine dispute – whether an offsetting claim is established.

CORPORATIONS – application to set aside a creditor's statutory demand – where statutory demand served by multiple creditors – where creditors made payment direction – where debt arose through a contract entered into by all parties – whether there is a defect in the statutory demand for the purposes of s 459J(1)(a) of the Corporations Act 2001 (Cth). Legislation Cited: - Corporations Act 2001 (Cth) ss 9, 459G, 459H, 459H(1)(a), 459H(1)(b), 459J, 459J(1)(a) - Evidence Act 1995 (NSW) s 136 Sale of Goods Act 1895 (SA) ss 28, 50, 54 Cases Cited: - Aerospace Aviation v Deshmukh [2009] NSWSC 659 - Britten-Norman Pty Ltd v Analysis & Technology Australia Pty Ltd [2013] NSWCA 344; (2013) 85 NSWLR 601 - First Line Distribution Pty Ltd v Whiley (1995) 18 ACSR 185 - Grandview Ausbuilder Pty Ltd v Budget Demolitions Pty Ltd [2019] NSWCA 60 - Graywinter Properties Pty Ltd v Gas & Fuel Corp Superannuation Fund [1996] FCA 822; (1996) 70 FCR 452 - Lombard Australia Ltd v NRMA Insurance Ltd (1968) 72 SR (NSW) 45 - Martin v Hogan (1917) 24 CLR 234 - MMI General Insurance Ltd v Baktoo [2000] NSWCA 70 - Panel Tech Industries (Australia) Pty Ltd v Australian Skyreach Equipment Pty Ltd (No 2) [2003] NSWSC 896 - Re AMP Life Ltd [2018] NSWSC 855 - Re Amy Holdings Pty Ltd [2014] NSWSC 1176; (2014) 102 ACSR 150 - Re Statewide Developments Realty Pty Ltd [2016] NSWSC 154 - Re Wollongong Coal Ltd [2015] NSWSC 1680; (2015) 110 ACSR 134 - Slingsby's case (1586) 77 ER 77 - Spencer Constructions Pty Ltd v G & M Aldridge Pty Ltd [1997] FCA 681; (1997) 76 FCR 452 - TR Administration Pty Ltd v Frank Marchetti & Sons Pty Ltd [2008] VSCA 70; (2008) 66 ACSR 67 Texts Cited: - F Assaf, Statutory Demands and Winding Up in Insolvency (LexisNexis Butterworths, 2nd ed, 2012) Category: Principal judgment Parties: Australian Tailings Group Pty Limited (Plaintiff) Phillip Wood and Bret Kemp (Defendants) Representation: Counsel: M Klooster (Plaintiff) J Spinak (Defendants)