A Federal Court judge in Perth has called a case management hearing next month as lawyers continue to look for a solution to the dispute between the ATO and Perth printer Picton Press over an unpaid $1.3m tax bill.
 |
| Picton Press in Perth, WA |
The ATO is fighting a DOCA agreement put together by administrators Cor Cordis that saw Picton Press resume trading in November 2018 just six months after going into voluntary administration while owing more than $9 million - including $1.3 million to the Australian Taxation Office.
Under the DOCA, unsecured creditors owed more than $10,000, including the ATO and several paper suppliers, would get just one or two cents in the dollar, meaning the ATO could receive $26,000.
Justice Banks-Smith of the Federal Court of Australia WA this week asked two of the defendants, Picton owners and Gary Kennedy and Dennis Hague, to “file and serve any affidavits in opposition to the application” by 14 June 2019 before a case management hearing scheduled for 21 June.
The other defendants in the case are Cor Cordis joint-administrators Jeremy Nipps and Clifford Rocke.
