Yakiti Pty Ltd atf the Yakiti Family Trust v Kassem [2020] NSWSC 1873
A sufficient case for transfer to the Corporations List was not made out. Both proceedings were properly commenced in the Commercial List, and the statutory issues can be dealt with by a Commercial List judge. There is no compelling reason to transfer only these proceedings to the Corporations List when related proceedings are managed together.
- Jurisdiction
- Australia
- Judgment Date
- 18 December 2020
- Procedural Posture
- Application / On the Papers; Ruling on Transfer Motion
- Outcome
- Application to transfer proceedings to the Corporations List dismissed with costs.
- Legal Topics
- ['transfer of Proceedings' 'case Management' "liquidators' Statutory Powers" 'assignment of Rights']
Case Brief
Summary, issues, holding and outcome
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Procedural Posture
Application / On the Papers; Ruling on Transfer Motion
Legal Issues
- 1 ['Whether proceedings commenced in Commercial List should be transferred to the Corporations List' 'Whether issues relating to assignment by liquidators require specialist Corporations List']
Ratio Decidendi
A sufficient case for transfer to the Corporations List was not made out. Both proceedings were properly commenced in the Commercial List, and the statutory issues can be dealt with by a Commercial List judge. There is no compelling reason to transfer only these proceedings to the Corporations List when related proceedings are managed together.
Court Disposition
Application to transfer proceedings to the Corporations List dismissed with costs.
Orders
- ["The first to sixth defendants' application is dismissed with costs."]
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