Cummins v The Trustees of the Property of John Daniel Cummins, A Bankrupt [2004] FCAFC 191

FEDERAL COURT OF AUSTRALIA

Cummins v The Trustees of the Property of John Daniel Cummins,

A Bankrupt [2004] FCAFC 191

BANKRUPTCY – appeal – whether evidence at first instance sufficient to permit inference that bankrupt's main purpose in transferring assets was to defeat or delay creditors – whether primary judge erred in finding proportions in which purchase price for one of those assets were contributed – whether primary judge erred in finding evidence was sufficient to rebut resulting trust. Bankruptcy Act 1966 (Cth), s 121(1) Conveyancing Act 1919 (NSW) Warren v Coombes (1979) 142 CLR 531 applied Michael v Thompson (1894) 20 VLR 548 referred to PT Garuda Indonesia Ltd v Grellman (1992) 35 FCR 515 referred to Gattellaro v Westpac Banking Corporation [2004] 204 ALR 258 referred to Wraith v Giannarelli [1988] VR 713 referred to Jones v Dunkel (1959) 101 CLR 298 referred to Protean (Holdings) Ltd v American Home Assurance Co [1985] VR 187 referred to Rasomen Pty Ltd v Shell Company of Australia Ltd (1997) 75 FCR 216 referred to Pettitt v Pettitt [1970] AC 777 distinguished Calverley v Green (1984) 155 CLR 242 referred to Doohan v Nelson [1973] 2 NSWLR 320 referred to Prentice v Cummins (No 5) [2002] FCA 1503 cited Prentice v Cummins (No 6) [2003] FCA 1002 cited Williams v Lloyd (1934) 50 CLR 341 referred to Bernard v Josephs (1982) 1 Ch. 391 cited Vedejs v Public Trustee (1985) VR 569 discussed Commercial Union Assurance Company of Australia Limited v Ferrcom Pty Limited (1991) 22 NSWLR 389 referred to Official Trustee in Bankruptcy v Lopatinsky (2003) 129 FCR 234 discussed Giannarelli v Wraith (1988) 165 CLR 543 cited British Railways Board v Herrington [1972] AC 877 discussed Murray v Director of Public Prosecutions [1994] 1 WLR 1 discussed Protean (Holdings) Ltd v American Home Assurance Co [1985] VR 187 distinguished O'Donnell v Reichard [1975] VR 916 cited Holloway v McFeeters (1956) 94 CLR 470 discussed