Federal Court of Australia
CATCHWORDS
Bankruptcy Act 1966, s.122 - payees having failed to negative the inferences set out in sub-sec, (4) (c) held not payees in good faith; held, payment void as against the trustee of the estate of the bankrupt.
RE: ALEX NEVILLE BIRD (as Trustee of the Estate of YIANGOS ARCADIOU, a bankrupt)
EX PARTE: SALVATORE POZZUTO, GIOVANNI NIGRO,
PASQUALE NIGRO and ANGELO POZZUTO
SWEENEY J. 19 DECEMBER 1979
IN THE FEDERAL COURT OF AUSTRALIA
GENERAL DIVISION No. 68 of 1977
BANKRUPTCY DISTRICT OF THE STATE OF VICTORIA
RE: ALEX NEVILLE BIRD (as Trustee of the Estate of YIANGOS ARCADIOU, a bankrupt)
EX PARTE: SALVATORE POZZUTO, GIOVANNI NIGRO, PASQUALE NIGRO and ANGELO POZZUTO
ORDER JUDGE MAKING ORDER; SWEENEY J. WHERE MADE: MELBOURNE DATE OF ORDER: 19 DECEMBER 1979
THE COURT DECLARES THAT;
The payment of $10,000.00 made by the bankrupt to the respondents on 29 September 1976 1s void as against the applicant as trustee of the property of the bankrupt and orders that the respondents pay to the applicant the sum of $10,000.00 together with his taxed costs of and incidental to the application, including reserved costs, such costs to be taxed, if not agreed. Liberty to apply is reserved to either
party.
IN THE FEDERAL COURT OF AUSTRALIA GENERAL DIVISION No. 68 of 1977
BANKRUPTCY DISTRICT OF THE
STATE OF VICTORIA
Re : ALEX NEVILLE BIRD (As Trustee of
the estate of YIANGOS ARCADIOU a bankrupt)
Applicant and
SALVATORE POZZUTO,
GIOVANNI NIGRO,
PASQUALE NIGRO and Respondents ANGELO POZZUTO
REASONS FOR JUDGMENT
C.A. Sweeney J. 19 December, 1979
In this application, as amended by leave, the
applicant seeks the following declarations and orders:
w (a)
(b)
That payment made by the bankrupt
to the Respondent on the 29th September, 1976 for $10,000.00 1s void as against the applicant as Trustee of the property of the bankrupt as being payment having the effect of giving the respondent a
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