Australia, June 9 -- New South Wales Land and Environment Court issued text of the following judgement:
1. By Originating Process filed on 6 May 2025, Mr Albarran and others in their capacity as joint and several administrators of Markenzo Pty Ltd (admins apptd) ("Markenzo") and Thorley Sand and Gravel Pty Ltd (admins apptd) ("Thorley") (together, "Companies") apply, under s 447A of the Corporations Act 2001 (Cth) for, in effect, an extension of the time in which a second meeting of creditors can be adjourned, from the 45 business day period specified in r 75.140 of the Insolvency Practice Rules (Corporations) 2016 (Cth) ("Insolvency Practice Rules"), to permit that meeting to be held no later than 18 August 2025, about three months in the...