De Lage Landen Pty Ltd v Blayney Crane Services Pty Ltd, in the matter of Blayney Crane Services Pty Ltd

JurisdictionAustralia Federal only
CourtFederal Court
Judgment Date26 November 2020
Neutral Citation[2020] FCA 1692
Date26 November 2020
De Lage Landen Pty Ltd v Blayney Crane Services Pty Ltd, in the matter of Blayney Crane Services Pty Ltd [2020] FCA 1692

Federal Court of Australia


De Lage Landen Pty Ltd v Blayney Crane Services Pty Ltd, in the matter of Blayney Crane Services Pty Ltd [2020] FCA 1692


File number(s):


NSD 972 of 2020



Judgment of:

GLEESON J



Date of judgment:

26 November 2020



Catchwords:

BANKRUPTCY AND INSOLVENCY – relief sought under s 293(1)(a) of the Personal Property Securities Act 2009 (Cth) – where security holder lodged registrations against the vehicles’ chassis number rather than the vehicle identification number (VIN) –“inadvertence” under s 293(3)(a) – relief granted


BANKRUPTCY AND INSOLVENCY – relief sought under s 588FM of the Corporations Act 2001 (Cth) –

where grantor companies previously under external administration – interpretation of “critical time” under s 588FL(7) – whether s 588FL operates at all where grantor company is no longer under external administration – relief under s 588FM refused



Legislation:

Corporations Act 2001 (Cth) ss 51, 435A, 435C, 436A, 436B, 436C, 439A, 444A, 513A, 513B, 513C, 588FK, 588FL, 588FM

Personal Property Securities Act 2009 (Cth) ss 12, 13, 14, 62, 293



Cases cited:

Ainsworth v Criminal Justice Commission [1992] HCA 10; 175 CLR 564

Dickerson, in the matter of McWilliam’s Wines Group Ltd (Administrators Appointed) (No 2) [2020] FCA 417

Hill (Administrator) in the matter of Flow Systems Pty Ltd (Administrators Appointed) [2019] FCA 35

In the matter of 4 in 1 Wyoming Pty Ltd & the companies listed in Schedule A to the Originating Process [2017] NSWSC 407

In the matter of Accolade Wines Limited [2016] NSWSC 1023

In the matter of Appleyard Capital Pty Limited; 123 Sweden AB v Appleyard Capital Pty Limited [2014] NSWSC 782; 101 ACSR 629

KJ Renfrey Nominees Pty Ltd (Trustee), in the matter of OneSteel Manufacturing Pty Ltd v OneSteel Manufacturing Pty Ltd [2017] FCA 325; 120 ACSR 117

Korda, in the matter of Ten Network Holdings Ltd (Administrators Appointed) (Receivers and Managers Appointed) [2017] FCA 1144

National Australia Bank Limited v Nautilus Insurance Pte Ltd (No 2) [2019] FCA 1543; 377 ALR 627



Division:

General Division



Registry:

New South Wales



National Practice Area:

Commercial and Corporations



Sub-area:

Corporations and Corporate Insolvency



Number of paragraphs:

84



Date of last submissions:

18 November 2020



Date of hearing:

25 September 2020 and 7 October 2020



Counsel for the Plaintiff:

N Mirzai



Solicitor for the Plaintiff:

Bridges Lawyers



Counsel for the Second Defendant:

E Beechey



Solicitor for the Second Defendant:

Clayton Utz



Solicitors for the Fifth Defendant:

T Klineberg and Z Kaesenhagen of King & Wood Mallesons



Counsel for the Seventh Defendant:

D Krochmalik



Solicitor for the Seventh Defendant:

K&L Gates




ORDERS


NSD 972 of 2020

IN THE MATTER OF BLAYNEY CRANE SERVICES PTY LTD

BETWEEN:

DE LAGE LANDEN PTY LTD (ACN 101 692 040)

Plaintiff


AND:

BLAYNEY CRANE SERVICES PTY LTD (ACN 003 730 256)

First Defendant


ONESTEEL RECYCLING PTY LTD (ACN 002 707 262)

Second Defendant


MID COAST CRANES PTY LTD (ACN 095 933 056) (and others named in Schedule)

Third Defendant



order made by:

GLEESON J

DATE OF ORDER:

25 september 2020



THE COURT ORDERS THAT:

  1. Pursuant to s 293(1)(a) of the Personal Property Securities Act 2009 (Cth) (PPSA), the number of business days set out in s 62(3)(b) be extended by the necessary number of business days relevant to each registration contained in schedule B to these orders such that any registration made by the plaintiff up to and including the date specified in column 4 of schedule B (or otherwise up to and including 23 July 2020) falls within the time period prescribed by s 62(3)(b) of the PPSA as extended by this order.

  2. Any party who has a competing perfected security interest (within the meaning of the PPSA) over collateral the subject of any of the registrations set out in schedule B to these orders, other than any of the second defendants to these proceedings (named in schedule B of the originating process), has liberty to restore this matter to the list to seek to set aside, amend or vary order 1 of these orders on three day's written notice to the plaintiff and to the Court.

  3. The otherwise part-heard matter be adjourned to Wednesday 7 October 2020 at 10.15 am.

SCHEDULE B



Registration No

Date registered

Grantor

Date to be fixed

201911190063160

19/11/2019

Blayney Crane Services Pty Ltd

16/12/2019

201912160079433

16/12/2019

Onesteel Recycling Pty Ltd

16/12/2019

201912160079548

16/12/2019

Mid Coast Cranes Pty Ltd

16/12/2019

202007220020957

22/07/2020

Onesteel Recycling Pty Ltd

22/07/2020

202007220024723

22/07/2020

Onesteel Recycling Pty Ltd

22/07/2020

202007220024734

22/07/2020

Onesteel Recycling Pty Ltd

22/07/2020

202007220024747

22/07/2020

Onesteel Recycling Pty Ltd

22/07/2020

202007220024752

22/07/2020

Onesteel Recycling Pty Ltd

22/07/2020

202007220024775

22/07/2020

Onesteel Recycling Pty Ltd

22/07/2020

202007220024781

22/07/2020

Onesteel Recycling Pty Ltd

22/07/2020

202007220024799

22/07/2020

Onesteel Recycling Pty Ltd

22/07/2020

202007220024809

22/07/2020

Onesteel Recycling Pty Ltd

22/07/2020

202007220024813

22/07/2020

Onesteel Recycling Pty Ltd

22/07/2020

202007220024821

22/07/2020

Onesteel Recycling Pty Ltd

22/07/2020

202007220024832

22/07/2020

Onesteel Recycling Pty Ltd

22/07/2020

202007220024845

22/07/2020

Onesteel Recycling Pty Ltd

22/07/2020

202007220024850

22/07/2020

Onesteel Recycling Pty Ltd

22/07/2020

202007220024866

22/07/2020

Onesteel Recycling Pty Ltd

22/07/2020

202007220024878

22/07/2020

Onesteel Recycling Pty Ltd

22/07/2020

202007230019124

23/07/2020

Onesteel Recycling Pty Ltd

23/07/2020

202007230019130

23/07/2020

Onesteel Recycling Pty Ltd

23/07/2020

202007230019148

23/07/2020

...

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