December 08, 2022

Nightcap Phoenix Rises Again in Qld Federal Court


During the winding up of the company Wollumbin Horizons in Qld Federal Court, Vincent's liquidator Steven Staatz watched the phoenix fly when he sold the contested property to Nightcap's NCV Enterprises for $2 million.

The contested property at 3222 Kyogle Road, Mount Burrell, was sold by the liquidator in 2020, but most of the 37 claimants heard nothing until, more than two years later in November 2022, we were served with an interlocutory application filed by the liquidator in Qld Federal Court.

Steven Staatz is seeking orders for payment from the proceeds of sale of the land to himself first, in priority to supposed beneficiaries. If his application is approved by the Court, the proceeds from sale of the property and interest gained, as Staatz sat on the funds for more than two years, will be almost entirely disbursed to the liquidator and the lawyers. 
Case: QUD32/2018
THE MATTER OF WOLLUMBIN HORIZONS PTY LTD (IN LIQUIDATION) ACN 606 581 364

Plaintiff: STEVEN NEVILLE STAATZ AS LIQUIDATOR OF WOLLUMBIN HORIZONS PTY LTD (IN LIQUIDATION) ACN 606 581 364

Defendants: RON BERRY and others

Update 13 December

By order of Derrington J, anyone wanting to be heard upon the relief sought in the plaintiff’s interlocutory application was obliged to appear, either in person or by lawyer, at a case management hearing at Brisbane Federal Court, 9 am, 13 December, 2022.

At this hearing Derrington J made the following orders:
"-- The plaintiff file written submissions in support of the amended interlocutory application by 4:00pm on 21 December 2022.
-- The plaintiff send a copy of its written submissions to those parties who have indicated an interest to be heard on the application by 4:00pm 22 December 2022.
-- By 4:00pm on 25 January 2023 any other party asking to be heard on the application file and serve on the plaintiff their written submissions.
-- The amended interlocutory application be listed for hearing at 9:30am AEST on 2 February 2023."

 View Orders:

https://www.comcourts.gov.au/file/Federal/P/QUD32/2018/3812110/event/31251860/document/2040910



As a judgement creditor and defendant, ever since the liquidation was initiated in 2018, I have always expected to see the lion's share of proceeds from the sale gobbled up by legal vultures and the liquidator, after orders granted him a lien over the asset:


Orders 20 June 2019: 

All orders made from 2018 -2022:

Marketing Hopium

Marketing Hopium
Gi Linda responds to malicious attacks by Nightcap Village promotors

Featured Posts