Willoughby v Official Trustee in Bankruptcy [2001] FCA 753

FEDERAL COURT OF AUSTRALIA

Willoughby v Official Trustee in Bankruptcy [2001] FCA 753

BANKRUPTCY – trustee's decision to sell cause of action to party indemnifying defendant – whether decision should be reviewed – whether just and equitable for court to make orders Bankruptcy Act 1966 (Cth) s 178

Re Chirnside, Digby v Union Trustee Co of Australia Ltd [1929] VLR 217 cited Willoughby v Official Trustee in Bankruptcy (WA) [2000] FCA 757 cited Re Carson: ex parte Carson; Sadleir (1960) 19 ABC 108 cited Re Wheeler; Ex parte Wheeler v Halse (1994) 54 FCR 166 referred to Citicorp Australia Ltd v Official Trustee in Bankruptcy (1996) 141 ALR 667 followed Healey v Prentice (No 2) (2000) FCA 1598 referred to Macchia v Nilant [2001] FCA 7 cited Davy v Garrett [1877] 7 Ch D 473 referred to Oldfield Knott Architects Pty Ltd v Ortiz Investments Pty Ltd [2000] WASCA cited Willoughby v Official Trustee in Bankruptcy [1999] FCA 1715 cited Cummings v Claremont Petroleum (1996) 185 CLR 124 referred to McGoldrick v Official Trustee in Bankruptcy (1993) 47 FCR 547 referred to Re Tyndall (1977) 30 FLR 6 cited Re Dingle; Westpac Banking Corporation v Worrell (1993) 47 FCR 478 cited Healey v Prentice (No 2) [2000] FCA 1598 referred to Re Cheeseman; Cheeseman v Waters (1997) 143 ALR 78 referred to Re Cirillo & Anor; Ex parte Official Trustee in Bankruptcy (1996) 65 FCR 576 applied BERYL FRANCES WILLOUGHBY, JOHN FRANCIS WILLOUGHBY and MICHAEL STEPHEN WILLOUGHBY v THE OFFICIAL TRUSTEE IN BANKRUPTCY and LAWCOVER PTY LTD W 7078 of 1999 RD NICHOLSON J 20 JUNE 2001 PERTH

IN THE FEDERAL COURT OF AUSTRALIA

WESTERN AUSTRALIA DISTRICT REGISTRY W 7078 of 1999

BETWEEN: BERYL FRANCES WILLOUGHBY

JOHN FRANCIS WILLOUGHBY

MICHAEL STEPHEN WILLOUGHBY

APPLICANTS

AND: THE OFFICIAL TRUSTEE IN BANKRUPTCY