Yakiti Pty Ltd atf the Yakiti Family Trust v Kassem [2020] NSWSC 1873

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

  1. 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."]