Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Lane v Oakley [2019] FCA 107 File number: QUD 325 of 2017
Judge: RANGIAH J
Date of judgment: 14 February 2019
Catchwords: BANKRUPTCY AND INSOLVENCY – ss 120 and 121 of the Bankruptcy Act 1966 (Cth) – whether registered and equitable mortgages are undervalued transactions – whether transactions made for the purpose of defeating creditors – whether consideration given for mortgages
Legislation: Bankruptcy Act 1966 (Cth) ss 3, 5, 5(2), 6, 58, 116, 120, 120(1), 120(3), 121, 121(1), 121(2), 121(4)(b) and 121(4)(c) Corporations Act 2001 (Cth)
Cases cited: Commercial Union Assurance Co of Australasia Ltd v Ferrcom Pty Ltd (1991) 22 NSWLR 389 Frost v Sheahan [2012] FCAFC 46 Gomez v Carrafa (Trustee) [2018] FCA 201 Jones v Dunkel (1959) 101 CLR 298 Lo Pilato (Trustee) v Kamy Saeedi Lawyers Pty Ltd (2017) 249 FCR 69 Marchesi v Apostolou [2007] FCA 986 Official Trustee in Bankruptcy v Lopatinsky (2003) 129 FCR 234 Official Trustee in Bankruptcy v Mateo (2003) 127 FCR 217 Official Trustee v Pastro [1999] FCA 1631 Pastro v Official Trustee in Bankruptcy [2000] FCA 744 Re Jury; Ashton v Prentice (1999) 92 FCR 68 Sandell v Porter (1966) 115 CLR 666
Date of hearing: 18 and 19 June 2018
Registry: Queensland
Division: General Division
National Practice Area: Commercial and Corporations
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