De Lage Landen Pty Ltd v Blayney Crane Services Pty Ltd, in the matter of Blayney Crane Services Pty Ltd
| Jurisdiction | Australia Federal only |
| Court | Federal Court |
| Judgment Date | 26 November 2020 |
| Neutral Citation | [2020] FCA 1692 |
| Date | 26 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
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File number(s): |
NSD 972 of 2020 |
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Judgment of: |
GLEESON J |
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Date of judgment: |
26 November 2020 |
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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 |
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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 |
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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 |
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Division: |
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Registry: |
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National Practice Area: |
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Sub-area: |
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Number of paragraphs: |
84 |
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Date of last submissions: |
18 November 2020 |
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Date of hearing: |
25 September 2020 and 7 October 2020 |
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Counsel for the Plaintiff: |
N Mirzai |
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Solicitor for the Plaintiff: |
Bridges Lawyers |
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Counsel for the Second Defendant: |
E Beechey |
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Solicitor for the Second Defendant: |
Clayton Utz |
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Solicitors for the Fifth Defendant: |
T Klineberg and Z Kaesenhagen of King & Wood Mallesons |
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Counsel for the Seventh Defendant: |
D Krochmalik |
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Solicitor for the Seventh Defendant: |
K&L Gates |
ORDERS
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NSD 972 of 2020 |
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IN THE MATTER OF BLAYNEY CRANE SERVICES PTY LTD |
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BETWEEN: |
DE LAGE LANDEN PTY LTD (ACN 101 692 040) Plaintiff
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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
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order made by: |
GLEESON J |
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DATE OF ORDER: |
25 september 2020 |
THE COURT ORDERS THAT:
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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.
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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.
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The otherwise part-heard matter be adjourned to Wednesday 7 October 2020 at 10.15 am.
SCHEDULE B
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Registration No |
Date registered |
Grantor |
Date to be fixed |
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201911190063160 |
19/11/2019 |
Blayney Crane Services Pty Ltd |
16/12/2019 |
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201912160079433 |
16/12/2019 |
Onesteel Recycling Pty Ltd |
16/12/2019 |
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201912160079548 |
16/12/2019 |
Mid Coast Cranes Pty Ltd |
16/12/2019 |
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202007220020957 |
22/07/2020 |
Onesteel Recycling Pty Ltd |
22/07/2020 |
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202007220024723 |
22/07/2020 |
Onesteel Recycling Pty Ltd |
22/07/2020 |
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202007220024734 |
22/07/2020 |
Onesteel Recycling Pty Ltd |
22/07/2020 |
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202007220024747 |
22/07/2020 |
Onesteel Recycling Pty Ltd |
22/07/2020 |
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202007220024752 |
22/07/2020 |
Onesteel Recycling Pty Ltd |
22/07/2020 |
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202007220024775 |
22/07/2020 |
Onesteel Recycling Pty Ltd |
22/07/2020 |
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202007220024781 |
22/07/2020 |
Onesteel Recycling Pty Ltd |
22/07/2020 |
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202007220024799 |
22/07/2020 |
Onesteel Recycling Pty Ltd |
22/07/2020 |
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202007220024809 |
22/07/2020 |
Onesteel Recycling Pty Ltd |
22/07/2020 |
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202007220024813 |
22/07/2020 |
Onesteel Recycling Pty Ltd |
22/07/2020 |
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202007220024821 |
22/07/2020 |
Onesteel Recycling Pty Ltd |
22/07/2020 |
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202007220024832 |
22/07/2020 |
Onesteel Recycling Pty Ltd |
22/07/2020 |
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202007220024845 |
22/07/2020 |
Onesteel Recycling Pty Ltd |
22/07/2020 |
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202007220024850 |
22/07/2020 |
Onesteel Recycling Pty Ltd |
22/07/2020 |
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202007220024866 |
22/07/2020 |
Onesteel Recycling Pty Ltd |
22/07/2020 |
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202007220024878 |
22/07/2020 |
Onesteel Recycling Pty Ltd |
22/07/2020 |
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202007230019124 |
23/07/2020 |
Onesteel Recycling Pty Ltd |
23/07/2020 |
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202007230019130 |
23/07/2020 |
Onesteel Recycling Pty Ltd |
23/07/2020 |
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202007230019148 |
23/07/2020 |
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