Federal Court of Australia
.UR LIMITED DISTRIBUTION NOT SUITABLE FOR REPORTING r JUDGMENT No. 2/57 SR-
steeerences
CATCHWORDS
BANKRUPTCY - Income of bankrupt - s. 131 Bankruptcy Act 1966 - factors weighing on exercise of Court's discretion to order payment of whole or part of bankrupt's income to trustee - income derived from employment by company controlled by bankrupt's wife - bankrupt unable to earn income in any other
employment.
s. 131 Bankruptcy Act 1966
GERALD MARCUS JAFFEE ex parte MAXWELL WILLIAM PRENTICE as Trustee of the property of GERALD MARCUS JAFFEE
No W442 of 1986
Ryan J 6 June 1988 Sydney
IN THE FEDERAL COURT OF AUSTRALIA
GENERAL DIVISION No W442 of 1986
BANKRUPTCY DISTRICT OF THE STATE OF NEW SOUTH WALES AND THE AUSTRALIAN CAPITAL TERRITORY
RE: GERALD MARCUS JAFFEE (Bankrupt)
EX PARTE: MAXWELL WILLIAM PRENTICE as Trustee of the property of GERALD MARCUS JAFFEE Bankrupt
(Applicant)
Coram: Ryan J
Date: 6 June 1988
Place: Sydney
MINUTES OF ORDER
The Court Orders:
1. That the application be dismissed.
NOTE: Settlement and entry of orders is dealt with by
Bankruptcy Rule 124.
IN THE FEDERAL COURT OF AUSTRALIA
GENERAL DIVISION No W442 of 1986 BANKRUPTCY DISTRICT OF THE STATE OF NEW SOUTH WALES AND THE AUSTRALIAN CAPITAL TERRITORY
RE: GERALD MARCUS JAFFEE (Bankrupt)
EX PARTE: MAXWELL WILLIAM PRENTICE as Trustee of the property of GERALD MARCUS JAFFEE Bankrupt
(Applicant)
Coram: Ryan J
Date: 6 June 1988
Place: Sydney
EX TEMPORE REASONS FOR JUDGMENT
By an application dated 22 December 1987, the applicant, who is the trustee of the bankrupt estate of
Gerald Marcus Jaffee, has sought the following orders:-
"1. That the net salary of Gerald Marcus Jaffee be paid by his employer, Gayridge Investments Pty Limited ['Gayridge'], directly to the trustee for the benefit of his creditors pursuant to Section
131 of the Bankruptcy Act, 1966 ['the Act'].
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