Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Li v Wu [2020] FCA 776 File number: ACD 84 of 2019
Judge: GRIFFITHS J
Date of judgment: 9 June 2020
Catchwords: BANKRUPTCY AND INSOLVENCY – creditor's petition seeking sequestration order under s 43 of the Bankruptcy Act 1966 (Cth) (Act) against the estate of the respondent – petition opposed on the basis of an asserted offsetting claim under s 52(2) of the Act – whether the respondent could demonstrate "other sufficient cause" why a sequestration order ought not to be made for the purposes of s 52(2)(b) - respondent's estate sequestrated under the Act
Legislation: Bankruptcy Act 1966 (Cth), ss 40(1)(g), 43, 52(1), 52(2) Court Procedure Rules 2006 (ACT), r 76 Federal Court (Bankruptcy Rules) 2016 (Cth), r 4.06
Cases cited: Baker v Perpetual Trustee Company Limited [2012] FCA 553 International Alpaca Management Pty Ltd v Ensor [1999] FCA 72 Li v Wu [2012] FCA 164 Li v Wu [2013] FCA 1067 Li v Wu [2013] FCA 1265 Li v Wu [2016] FCCA 2836 Li v Wu [2019] ACTCA 14 Ling v Enrobook Pty Ltd [1997] FCA 226; 74 FCR 19 Mann v Paterson Constructions [2019] HCA 32 Wu v Li [2015] FCAFC 109 Wu v Li [2017] FCA 500 Wu v Li (No 2) [2017] FCA 501 Wu v Li [2018] ACTSC 224 Wu v Li [2019] FCCA 1190 Qun Xiong (Kenny) Yu v Todaytech Distribution Pty Ltd [2006] FCA 131 Rigg v Baker [2006] FCAFC 179; 155 FCR 531 Russell v Polites Investments Pty Ltd [2012] FCA 11 Stec v Orfanos [1999] FCA 457 Stratton v Bowles (No 2) [2015] FCA 43
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