Federal Court of Australia
IN THE FEDERAL COURT OF AUSTRALIA
GENERAL DIVISION
BANKRUPTCY DISTRICT THE STATE OF
NEW SOUTH WALES AND THE AUSTRALIAN
we we ww wwe Ss Sw
CAPITAL TERRITORY No.W655 of 1981
RE: IvVoOR LEISER ORDER + Judge making order: Beaumont, J. Date of order: 20 September, 1983. Where made: Sydney. ° 2
THE COURT ORDERS: 1. I order that the application for discharge be
2. I make no order as to costs.
eee te ary sR A HERR A NE NR RE ENR ee ee mR ee ee eta
w
IN THE FEDERAL COURT OF AUSTRALIA
GENERAL DIVISION
NEW SOUTH WALES AND THE AUSTRALTAN
) ) ) ) BANKRUPTCY DISTRICT THE STATE OF ) ) ) ) )
CAPITAL TERRITORY NoW655 of 1981
RE: Ivor LEISER
CORAM: Beaumont, J.
DATED: 20 September, 1983. (ex tempore)
REASONS FOR JUDGMENT
In this matter I have already indicated that I
propose to refuse the application. I will now give reasons.
This is an application for discharge from bankruptcy. The facts are that the bankrupt was made bankrupt by a sequestration order dated 27 July, 1981. No assets were brought to the credit of the estate and the bankrupt has made
no contributions on that account.
A number of creditors, some external, but in one case the former wife of the bankrupt, have proved in the estate. In
round figures the amounts of the debts in which proof has been
made exceed some $65,000 of which some $16,000 consists of
a debt owed to the former wife of the bankrupt pursuant to a deed of settlement executed when their marriage broke up. Originally some $29,000 was owed by the bankrupt to his wife on that account, but various payments were made in reduction and the debt now stands in the sum of approximately $16,000
which was the subject of a judgment obtained in the District
Court.
In paragraphs 8 and 9 of the report of the Official
Receiver dated 30 August, 1983 there is set out in a form which £ would adopt for this purpose information as to the bankrupt's present financial and personal position. There is also in that part of the report some explication of -he way in which the bankrupt became financially embarrassed, principally by reason of his activities as a director and shareholder of a private company, Rosewear Pty. Limited. I will not repeat
We try to embed the page this law was scraped from. If the site blocks framing, you still get the link and a local excerpt.
Last checked with source on —
Checking whether the official page can be embedded…
Plain-English simplify of this law: a short summary, key points, and both sides of the argument. Generated on first view via Replicate, then cached. Vote on what helps your study.
No study brief is cached for this law yet. Sign up to generate a plain-English brief.
Sign up to generate