Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Perovich v Whitton (No 2) [2016] FCAFC 152 Appeal from: Whitton v Perovich [2016] FCA 595
File number: QUD 456 of 2016
Judges: SIOPIS, GLEESON AND EDELMAN JJ
Date of judgment: 9 November 2016
Catchwords: BANKRUPTCY AND INSOLVENCY – trustee directions – whether an event of default can be an "event" or "circumstance" in s 222D of the Bankruptcy Act 1966 (Cth) – whether terms of compositions provide for automatic termination upon an event of default
Legislation: Bankruptcy Act 1966 (Cth) ss 30(1)(b), 40(1)(n)(ii), 73, 74, 75(1), 76B, 187(1), 188A(1), 188A(2)(g), 188A(3), 222A, 222B, 222C; 222D, Div 6 Pt IV, Pt X Bankruptcy Legislation Amendment Act 2004 (Cth) Bankruptcy Regulations 1996 (Cth) reg 4.18 Explanatory Memorandum, Bankruptcy Legislation Amendment Bill 2004 (Cth)
Cases cited: Baltic Shipping v Dillon [1993] HCA 4; (1993) 176 CLR 344 Gange v Sullivan [1966] HCA 55; (1966) 116 CLR 418 JTA Le Roux Pty Ltd as trustee for the FLR Family Trust v Lawson [2013] WASC 293 Labocus Precious Metals Pty Ltd v Thomas [2007] FCA 1154 MK & JA Roche Pty Ltd v Metro Edgley Pty Ltd [2005] NSWCA 39 Rudi's Enterprises Pty Ltd v Jay (1987) 10 NSWLR 568 Suttor v Gundowda Pty Ltd [1950] HCA 35; (1950) 81 CLR 418 Taylor v Owners - Strata Plan No 11564 [2014] HCA 9; (2014) 253 CLR 531
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