Shaw v Yarranova Pty Ltd [2016] FCA 88

FEDERAL COURT OF AUSTRALIA

Shaw v Yarranova Pty Ltd [2016] FCA 88 File number: VID 774 of 2014

Judge: PAGONE J

Date of judgment: 15 February 2016

Catchwords: BANKRUPTCY – application to annul bankruptcy – sequestration order – whether applicant indemnified from paying debts set out in bankruptcy notice and creditor's petition – whether respondent lacked legal standing to be named as creditor – whether applicant solvent – whether court should look behind judgment upon which sequestration order based – whether solicitors for respondent creditors had authority to act – exercise of discretion to annul bankruptcy – conduct of applicant relevant to exercise of discretion

Legislation: Bankruptcy Act 1966 (Cth) s 153B

Cases cited: Bulic v Commonwealth Bank of Australia Limited [2007] FCA 307 Francis v Eggleston Mitchell Lawyers Pty Ltd [2014] FCAFC 18 Hacker v Weston [2015] FCA 363 Halliday v High Performance Personnel Pty Ltd (in liq) (1993) 67 ALJR 678 Hawksford v Hawksford [2005] NSWSC 463 Makhoul v Barnes (1995) 60 FCR 572 Marek v Tregenza (1963) 109 CLR 1 Ozer v Australian Liquor Marketers Pty Ltd [2001] FCA 1197 Re Flatau; ex parte Scotch Whisky Distillers Limited (1888) 22 QBD 83 Re Lawson (1939) 11 ABC 137 Re Sarina; ex parte Wollondilly Shire Council (1980) 32 ALR 596 Reaper v Baycorp Collections PDL (Australia) Pty Ltd [2014] FCA 13 Shaw v Yarranova and Another (Unreported, Supreme Court of Victoria, 2 June 2008) Shaw v Yarranova Pty Ltd [2011] VSCA 55 Shaw v Yarranova Pty Ltd [2014] FCA 557 Stankiewicz v Plata [2000] FCA 1185 Wolff v Donovan (1991) 29 FCR 480 Wood v Inglis [2008] NSWSC 1147 Yarranova Pty Ltd v Shaw (No 2) [2014] FCA 616