NSW Caselaw
Reported Decision : 220 FLR 278
New South Wales Supreme Court
CITATION : Griffiths v Falck [2008] NSWSC 998
HEARING DATE(S) : 21/08/08
JUDGMENT DATE : 25 September 2008
JURISDICTION : Equity Division
JUDGMENT OF : Young CJ in Eq
DECISION : The appeal is dismissed with costs.
CATCHWORDS : CONVEYANCING [269]- Judgment debtor transferred certain property to family members prior to bankruptcy- Judgment creditor seeks to set aside transaction under s 37A Conveyancing Act 1919- Application made after debtor released from bankruptcy- Whether judgment creditor is a person prejudiced by transaction- Trustee in Bankruptcy lodged caveat to protect his position under ss 120 and 121 Bankruptcy Act 1966 (Cth)- Caveat not followed up- Whether caveat sufficient to trigger avoidance under s 37A- Held "No"- Transaction only defeasible if proceedings are taken to avoid it.
Bankruptcy Act 1966 (Cth) ss 58, 116, 120, 121 LEGISLATION CITED : Conveyancing Act 1919, s 37A Supreme Court Act 1970, s 75A
Asian Investments Corporation Ltd v Symons (Young J, 10.4.1996, unreported) Australian Broadcasting Tribunal v Saatchi & Saatchi Compton (Vic) Pty Ltd (1985) 60 ALR 756 Brady v Stapleton (1952) 88 CLR 322 British and Beningtons Ltd v NW Cachar Tea Co [1923] AC 48 Cowan v Milbourn (1867) LR 2 Ex 230 Daemar v Industrial Commission of NSW (No 2) (1990) 22 NSWLR 178 Doe d Daniell v Woodroffe (1842) 10 M & W 608; 152 ER 614 General Steel Industries Inc v Commissioner for Railways (1964) 112 CLR 125 Georgalis v Andonaras (1993) 113 FLR 196 Harrods Ltd v Stanton [1923] 1 KB 516 Industrial Equity Ltd v Blackburn (1977) 2 ACLR 421 CASES CITED : J & H Just (Holdings) Pty Ltd v Bank of New South Wales (1971) 125 CLR 546 Lockwood v Commonwealth (1954) 90 CLR 177 Martin v Abbott Australasia Pty Ltd [1981] 2 NSWLR 430 Morewood v South Yorkshire Railway & River Dun Co (1858) 3 H & N 798; 157 ER 690 Official Trustee in Bankruptcy v Alvaro (1996) 66 FCR 372 Re Fiorino [1994] FCA 181 Re Hitchcock (1900) 17 WN (NSW) 62 Shears v Rogers (1832) 3 B & Ad 362; 110 ER 137 Shepherd v Felt and Textiles of Australia Ltd (1931) 45 CLR 359 Spotswood v Barrow (1850) 5 Ex 110; 155 ER 48 Sutherland v Vale [2008] NSWSC 759 Union Bank v Downes (1896) 12 WN (NSW) 131 Zaravinos v Houvardas (2004) 32 Fam LR 490
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