Commonwealth Bank of Australia v Casella [2000] FCA 1518

FEDERAL COURT OF AUSTRALIA

Commonwealth Bank of Australia v Casella [2000] FCA 1518 BANKRUPTCY – creditor's petition – whether hearing of petition should be adjourned – whether debtors have good prospect of success in appeal against judgment refusing extension of time to challenge bankruptcy notices – whether debtors have good prospect of success to set aside consent judgment – whether debtors have good prospect of success in claims against applicant – whether debtors entitled to dismissal of petition – whether sequestration orders should be made against each of the estates of the debtors

Bankruptcy Act 1966 (Cth), ss 43, 52

House v The King (1936) 55 CLR 499, followed Lovell v Lovell (1950) 81 CLR 513, followed Jarrett v Westpac Banking Corporation Ltd [1999] FCA 425, followed Ling v Enrobook Pty Ltd (1997) 74 FCR 19, followed Spies v Commonwealth Bank of Australia (1991) 24 NSWLR 691, followed Bourke & Another v Beneficial Finance Corporation Ltd (1993) 47 FCR 264, followed Monroe Schneider Associates (Inc) & Another v No 1 Raberem Pty Ltd & Others (No2) (1992) 37 FCR 234, applied Rozenbes v Kronhill (1956) 95 CLR 407, applied Re Majory; Ex parte debtor v FA Dumont [1955] Ch 600, applied Second Life Decore Pty Ltd v Controller-General of Customs (1994) 53 FCR 78, followed Williams v Spautz (1992) 174 CLR 509, cited Bayne v Blake (No2) (1909) 9 CLR 347, followed COMMONWEALTH BANK OF AUSTRALIA v DOMINIC CASELLA AND LILLIANA CASELLA W7054 of 2000 RD NICHOLSON J 27 OCTOBER 2000 PERTH

IN THE FEDERAL COURT OF AUSTRALIA

WESTERN AUSTRALIA DISTRICT REGISTRY W 7054 of 2000

BETWEEN: COMMONWEALTH BANK OF AUSTRALIA (ACN 123 123 124)

APPLICANT

AND: DOMINIC CASELLA AND LILLIANA CASELLA

RESPONDENTS

JUDGE: R D NICHOLSON J