Re International Art Holdings Pty Ltd v Adams

[2011] NSWSC 164

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Re International Art Holdings Pty Ltd
v Adams

Court:

Judge: Ward J

Legislative References:
Corporations Act 2001 - s 9; s 420(2)(a); s 420(2)(b); s 420(2)(c); s 420(2)(e); s 420(2)(g); s 436E; s 439A; s 439B(2); s 443D; s 447A; s 447D; s 447D(1); s 447A; s 479(3); s 511; s 556; Pt 5.3A
Trustee Act 1925 (NSW) - s 63; s 81
Superannuation Industry (Supervision) Act 1993 - s 31; s 34; Pt 5 ss 37-50; s 42(1); s 42(1)(b)(i)
Superannuation Industry (Supervision) Regulations 1994 (Cth) - reg 13.14
Sale of Goods Act 1923 (NSW) - s 28
Factors (Mercantile Agents) Act 1923 (NSW) - s 5

Case References:
ASIC v Carey (No 6) - (2006) 58 ACSR 141
Bertrand v Davies - (1862) 54 ER 1204
Clark Equipment Credit of Australia Ltd v Como Factors Pty Ltd - (1988) 14 NSWLR 552
Coad v Wellness Pursuit Pty Ltd - [2009] WASCA 68
Coad v Wellness Pursuit Pty Ltd (in liq) - 71 ACSR 250
Commonwealth v ABC2 Group Pty Ltd - [2008] NSWSC 1383; (2008) 69 ACSR 229
Commonwealth Bank v Butterell - (1994) 35 NSWLR 64
Crawford v Oswald Park - [2006] NSWSC 987
Crouch v Lynne Adams - [2006] NSWSC 1029
Davies v Littlejohn - (1923) 34 CLR 174
Dean-Willcocks v Soluble Solution Hydroponics - (1997) 42 NSWLR 209
Dean-Willcocks v Nothmtoolmrd - [2006] NSWCA 311
Editions Tom Thomspon v Pilley - (1997) 77 FCR 141
Flack v Chairman, National Crime Authority - (1997) 80 FCR 137
Gatward v Alley - (1940) 40 SR (NSW) 174
Grossman v E Katz Manufacturing Jewellers - (2004) 213 ALR 373
Harris v Conway - [1988] 3 All ER 71
Hewett v Court - [1983] HCA 7; 149 CLR 639; (1983) 46 ALR 87
Hamilton v Donovan Oates Hannaford Mortgage Corporation Ltd - [2007] NSWSC 10; (2007) 61 ACSR 82
Hoath v Connect Internet Services - [2006] NSWSC 158
Lemery Holdings v Reliance Financial Services Pty Ltd - (2008) 74 NSWLR 550
Lockwood v White - (2005) 11 VR 402
Macedonian Orthodox Community Church v His Eminence Petar the Diocesan Bishop of the Macedonian Orthodox Diocese of Australia and New Zealand - (2008) 237 CLR 66
Moodemere Pty Ltd (in liq) v Waters - [1988] VR 215
Onefone Australia Pty Ltd v One Tel Ltd - [2010] NSWSC 1120
Perpetual Trustees & National Executors of Tasmania Ltd v Perkins - (1989) Aust Torts Reports 80-295
Re Ansett Australia - (2001) 39 ACSR 355
Re appln of Central Commodities Services Pty Ltd - [1984] 1 NSWLR 25; (1984) 8 ACLR 801; (1984) 2 ACLC 173
Re Appln of Crouch - [2005] NSWSC 1122
Re appln of Sutherland - (2003) 59 NSWLR 361
Re Berkeley Applegate (Investment Consultants) Ltd (in liq) - [1988] 3 All ER 71
Re G B Nathan & Co - (1991) 24 NSWLR 674
Re Kirkegaard - [1950] St R Qd 144
Re Petersen - [1920] St R Qd 42
Re Universal Co Ltd - [1933] HCA 2; 48 CLR 171
Re Universal Distributing Co Ltd (in liq) - (1933) 48 CLR 171
S & D International v MIG Property Services - [2010] VSC 336
Shirlaw v Taylor - (1991) 31 FCR 222; 5 ACSR 767
Specialised Transport v Domimak - (1989) 16 NSWLR 657
Standard Electric Apparatus Laboratories Ply Ltd v Stenner - (1960) WN (NSW) 833; [1960] NSWR 447
Stephenson Nominees Pty Ltd v Official Receiver - (1987) 16 FCR 536
Weston v Carling Constructions Pty Ltd - (2000) 35 ACSR 100

Hearing date:
Judgment date: 24 February, 7 March 2011

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Order

Judicial advice given as to manner in which different categories of artworks may be dealt with by administrator and declaration as to statutory or equitable lien over artworks for administrator's remuneration costs and expenses.

The thirtieth and one hundred sixteenth defendants appeared in person.