Re Supersett Constructions Pty Ltd (Administrators Appointed)

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JURISDICTION     :   SUPREME COURT OF WESTERN AUSTRALIA

IN CHAMBERS

CITATION:   RE SUPERSETT CONSTRUCTIONS PTY LTD (ADMINISTRATORS APPOINTED); EX PARTE JEROME HALL MOHEN AND GREGORY BRUCE DUDLEY as joint and several liquidators of SUPERSETT CONSTRUCTIONS PTY LTD (ADMINISTRATORS APPOINTED) [2025] WASC 278

CORAM:   HILL J

HEARD:   24 JUNE 2025

DELIVERED          :   24 JUNE 2025

PUBLISHED           :   10 JULY 2025

FILE NO/S:   COR 94 of 2025

MATTER:   IN THE MATTER OF RE SUPERSETT CONSTRUCTIONS PTY LTD (ADMINISTRATORS APPOINTED)

EX PARTE

JEROME HALL MOHEN as joint and several administrator of SUPERSETT CONSTRUCTIONS PTY LTD (ADMINISTRATORS APPOINTED) ACN 144 807 714

First Plaintiff

GREGORY BRUCE DUDLEY as joint and several administrator of SUPERSETT CONSTRUCTIONS PTY LTD (ADMINISTRATORS APPOINTED) ACN 144 807 714

Second Plaintiff

SUPERSETT CONSTRUCTIONS PTY LTD (ADMINISTRATORS APPOINTED) ACN 144 807 714

Third Plaintiff


Catchwords:

Corporations - External administration - Application for extension of convening period for second creditors' meeting - Whether extension is in the interests of creditors as a whole - Whether interests of any persons prejudiced by extension are protected by terms of orders - Turns on own facts

Legislation:

Corporations Act 2001 (Cth) s 439A(6), s 447A(1)
Rules of the Supreme Court 1971 (WA), O 67B r 5(3)

Result:

Application granted

Category:    B

Representation:

Counsel:

First Plaintiff : Mr S Majteles
Second Plaintiff : Mr S Majteles
Third Plaintiff : Mr S Majteles

Solicitors:

First Plaintiff : K&L Gates
Second Plaintiff : K&L Gates
Third Plaintiff : K&L Gates

Case(s) referred to in decision(s):

Diamond Press Australia Limited [2001] NSWSC 313

Mighty River International Limited v Hughes [2018] HCA 38

Re Daisytek Australia Pty Ltd (Administrators Appointed) [2003] FCA 768

Shaw and Albarran (Joint and Several Administrators of Home Art Building Group Pty Ltd) v Home Art Building Group Pty Ltd (Administrators Appointed) [2016] WASC 274

Tucker (Administrator) v Bolten (Trustee), in the matter of Quintis Leasing Pty Ltd (Administrators Appointed) (No 2) [2024] FCA 46

HILL J:

(This judgment was delivered extemporaneously and has been edited from the transcript to include references, headings and to correct matters of grammar and expression.)

  1. By originating process filed on 23 June 2025, the plaintiffs seek orders pursuant to s 439A(6) of the Corporations Act 2001 (Cth) (Act) to extend the convening period of the second creditors' meeting of Supersett Constructions Pty Ltd (Company). The extension is sought for a period of two months until 24 August 2025. Unless an extension is granted by the court, the meeting is required to be convened by 24 June 2025, with the meeting to be held by 1 July 2025.

  2. The plaintiffs also seek an order pursuant to s 447A(1) of the Act that the second creditors' meeting may be held at any time during the extended period and the period of five business days thereafter, notwithstanding the provisions of s 439A(2) of the Act.

  3. The originating process was listed before me this morning on an urgent basis. In support of the application, the plaintiffs relied on two affidavits (one confidential and one…

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Details
Case
[2025] WASC 278
Decision Date

CaseChat Overview and Summary

In the matter of Supersett Constructions Pty Ltd, the court was presented with an application by the administrators to extend the convening period for a second creditors' meeting. The case was heard by the Federal Court, specifically involving issues around the administration of a company under external administration. The central dispute was whether the extension of the convening period would be in the best interests of the creditors collectively, and whether any prejudiced parties would be adequately protected by the terms of the orders.

The legal issues before the court included the interpretation of the statutory provisions governing the convening of creditors' meetings during external administration, and the balancing of the interests of various stakeholders, including the creditors, the company, and any other affected parties. The court had to determine if the extension was justified under the circumstances and if any potential prejudice to specific parties could be sufficiently mitigated through the terms of the orders.

The court considered the relevant statutory provisions and the overarching objective of achieving the best outcome for creditors as a whole. It found that the extension was necessary to allow for the proper administration of the company and the protection of creditors' interests. The court determined that any potential prejudice to specific parties could be adequately addressed by the terms of the orders. Consequently, the application for an extension was granted, with specific conditions to ensure that the interests of all parties were protected.

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