Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Young v Hughes Trueman Pty Ltd [2017] FCA 470 File number(s): NSD 556 of 2017
Judge(s): FARRELL J
Date of judgment: 9 May 2017
Catchwords: BANKRUPTCY – application under s 33(1)(c) of the Bankruptcy Act 1966 (Cth) to extend time specified in s 60(3) of the Bankruptcy Act 1966 (Cth) for trustee to elect to prosecute or discontinue litigation – where trustee neither objects to nor supports extension – where no satisfactory explanation for trustee's delay in making an election within original 28 day period – where current litigation has no reasonable prospects of success – whether prejudice would be caused by granting or refusing an extension – application dismissed
Legislation: Bankruptcy Act 1966 (Cth) ss 33(1)(c), 60(2), 60(3)
Cases cited: Abeyratne v Trkulja [1998] FCA 1676; 90 FCR 253 Hughes Trueman Pty Ltd v Young [2017] FCCA 468 Newman v Bain [2013] FCA 558; 213 FCR 370 Reichel v Magrath (1889) 14 App Cas 665 Young v Hones [2014] NSWCA 337 Young v Hones [2015] HCASL 73 Young v Hones [2017] HCASL 27 Young v Hones (No 2) [2014] NSWCA 338 Young v Hones (No 3) [2014] NSWSC 499 Young v Hughes Trueman Pty Ltd [2016] FCA 1176 Young v King [2016] NSWCA 282 Young v King [2017] HCASL 28 Young v King (No 2) [2009] NSWLEC 125 Young v King (No 3) [2012] NSWLEC 42 Young v King (No 4) [2012] NSWLEC 236 Young v King (No 6) [2015] NSWLEC 111 Young v King (No 8) [2015] NSWLEC 187 Young v King (No 9) [2016] NSWLEC 4
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