Thredgold v Fyfe Pty Ltd [2013] FCA 1363

FEDERAL COURT OF AUSTRALIA

Thredgold v Fyfe Pty Ltd [2013] FCA 1363 Citation: Thredgold v Fyfe Pty Ltd [2013] FCA 1363

Appeal from: Thredgold v Fyfe Pty Ltd [2013] FCCA 587

Parties: MARK THREDGOLD v FYFE PTY LTD

File number: SAD 168 of 2013

Judge: WHITE J

Date of judgment: 16 December 2013

Catchwords: BANKRUPTCY – application for annulment of bankruptcy – default judgment the basis of sequestration order set aside – discretion whether to annul bankruptcy – appeal from discretionary judgment dismissing annulment application – consideration of discretion afresh – whether solvency established

Legislation: Bankruptcy Act 1966 (Cth) ss 41, 43, 52, 54, 60, 153B, 154 Federal Court of Australia Act 1976 (Cth) s 24

Cases cited: Allesch v Maunz [2000] HCA 40; (2000) 203 CLR 172 Bulic v Commonwealth Bank of Australia Ltd [2007] FCA 307 Clyne v Deputy Commissioner of Taxation (1985) 5 FCR 1 Cottrell v Wilcox [2002] FCA 1115 Duckworth v Water Corporation (No 2) [2012] WASC 163 Francis v Eggleston Mitchell Lawyers Pty Ltd [2013] FCA 564 House v The King (1936) 55 CLR 499 Miller v Bondi Securities (Unreported, Federal Court of Australia, Beazley J, 2 September 1994) Minister for Immigration and Multicultural Affairs v Jia [2001] HCA 17; (2001) 205 CLR 507 Re Clyne; Ex parte Deputy Commissioner of Taxation (Unreported, Federal Court of Australia, Beaumont J, 13 September 1985) Re Coyle (1993) 42 FCR 72 Re Papps; Ex parte Tapp (1997) 78 FCR 524 Re Sarina; Ex parte Wollondilly Shirt Council (1980) 32 ALR 596 Re Williams (1968) 13 FLR 10 Rigg v Baker [2006] FCAFC 179; (2006) 155 FCR 531 Stankiewicz v Plata [2000] FCA 1185 Warramunda Village Inc v Pryde [2002] FCA 250; (2002) 116 FCR 58