Australia directors dutiesliquidator standingstatutory remedies

re Colorado Products Pty Ltd

In the matter of Colorado Products Pty Ltd (in prov liq) [2014] NSWSC 789

JurisdictionAustralia

CourtSupreme Court of New South Wales (Equity Division, Corporations List)

Year2014

StatusPersuasive authority

Key Principle

A liquidator's purported assignment of a company's statutory causes of action (such as a claim for breach of directors' duties and compensation under s 1317H of the Corporations Act 2001 (Cth)) does not confer on the assignee the standing required to obtain statutory relief, such statutory rights not being assignable so as to transfer standing.

Area of Law

General

Related Cases

Hopper & Anor v State of Victoria [2026] HCA 11

Wright Prospecting Pty Ltd v Hancock Prospecting Pty Ltd & Ors [2026] WASC 101

City of Parramatta Council v Transport for NSW [2026] NSWSC 294

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