Federal Court of Australia
FEDERAL COURT OF AUSTRALIA BANKRUPTCY – Creditor's petition – opposition to creditor's petition – petition based on default judgment debt – no adjudication of the merits of the case - whether appropriate to go behind judgment to determine if true debt – principles to be applied. BANKRUPTCY - Guarantees - judgment debt based on two guarantees - whether guarantee not signed on behalf of principal debtor enforceable - whether standard form guarantee left incomplete in certain respects ineffective - economic duress - whether illegitimate or unconscionable pressure exerted by creditor to force debtor to sign guarantees. Bankruptcy Act 1966 (Cth), s 52. Bankruptcy Rules, r 20.
Wolff v Donovan (1991) 29 FCR 480, cited Wren v Mahony (1972) 126 CLR 212, applied. Corney v Brien (1951) 84 CLR 343, applied. In re Hawkins, Ex parte Troup [1895] 1 QB 404, cited. Re Johnson; Ex parte Greendale Engineering and Cables Ltd (1967) 11 FLR 335, cited. Caltex Oil (Aust) Pty Limited v Alderton (1964) 81 WN (Pt 1) NSW 297, cited. Lisciandro v Official Trustee in Bankruptcy (1996) 139 ALR 689, cited. Walsh v Westpac Banking Corporation (1991) 104 ACTR 30, cited. Breusch v Watts Development Division Pty Ltd (1987) 10 NSWLR 311, cited. Equiticorp Finance Ltd (in liq) v Bank of New Zealand (1993) 32 NSWLR 50, cited. Crescendo Management Pty Ltd v Westpac Banking Corporation (1988) 19 NSWLR 40, cited. Equiticorp Financial Services Ltd (NSW) v Equiticorp Financial Services Ltd (NZ) (1992) 29 NSWLR 260, cited.
Re GARRY HADDAD; Ex parte R W JORDAN PTY LIMITED
NG 7015 of 1996
Sackville J.
20 August 1997 Sydney
IN THE FEDERAL COURT OF AUSTRALIA ) ) NEW SOUTH WALES DISTRICT REGISTRY ) NG 7015 of 1996 ) GENERAL DIVISION )
RE: GARY HADDAD
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