MF Global Winding Up

In re MF Global Australia Ltd (in liq) [2012] NSWSC 994

CORPORATIONS - Winding up - Corporations Act 2001 (Cth) ss 479(3) and 511 - Application for directions in relation to matters arising under winding up - Pooling - Whether liquidators can pool all or some of client segregated accounts - Foreign currency - Whether foreign currency should be converted to Australian dollars for pooling - Entitlement - Basis for client entitlement to be paid money from client segregated accounts - Recovered funds - Where recovered funds should be deposited.

Acts Interpretation Act 1901 (Cth) ss 22(2),15AA23
Australian Securities and Investments Commission Act 2001 (Cth)
Corporations Act 2001 (Cth) Ch 7, Pts 5.67.87.8 Div 2, 7.8 Div 2 Subdiv A, ss 9436A479479(3), 506(1)(b), 511554(1), 554C760A(a), 761A761D761E(4), 761E(5), 763B763C763D764A(1), 912A(1)(a), 912A(1)(aa), 981A-981H981A981A(1), 981A(1)(a), 981A(1)(a)(i), 981A(1)(b)(i), 981A(1)(b)(ii), 981A(1)(b)(iii), 981A(2), 981A(2)(a), 981A(2)(b), 981A(2)(c)981A(3), 981A(4), 981B981B(1), 981B(1)(c), 981B(2), 981C981D981D(a), 981D(b), 981E981E(2), 981F981H981H(1), 981H(1)(c), 981H(3), 981H(3)(a), 981H(3)(b), 1012D
- Corporations Law ss 865-878, 1209, 1209(5)(b), 1224-1227
Corporations Regulations 2001 (Cth) regs 7.8.01-7.8.05, 7.8.01(2), 7.8.01(4), 7.8.01(5), 7.8.01(5)(c), 7.8.01(8), 7.8.01(11), 7.8.01(14), 7.8.02(1)(a), 7.8.02(1)(c), 7.8.02(2), 7.8.02(3), 7.8.02(7), 7.8.03, 7.8.03(1), 7.8.03(2), 7.8.03(3), 7.8.03(4)-(5), 7.8.03(4), 7.8.03(5), 7.8.03(6), 7.8.03(6)(a), 7.8.03(6)(b)-(c), 7.8.03(6)(d), 7.8.03(6)(e), 7.8.03(7)
Financial Services Reform Act 2001 (Cth)
Futures Industry Act 1986 (Cth) ss 86101-104
Insurance (Agents and Brokers) Act 1984 (Cth) ss 2628
Judiciary Act 1903 (Cth)
Securities Industry Act 1980 (Cth) ss 73-7483-86
Trustee Act 1925 (NSW) s 63
Uniform Civil Procedure Rules 2005 (NSW) rr 7.6, 7.7

Dominique Hogan-Doran appeared for the Contracts for Difference Clients of MF Global, led by John Sheahan SC instructed by Arnold Bloch Liebler.