Ingram v Y Twelve Pty Ltd [2013] NSWSC 1777

Supreme Court New South Wales

Medium Neutral Citation: Ingram v Y Twelve Pty Ltd [2013] NSWSC 1777 Hearing dates: 18, 19, 20 & 21 November 2013 Decision date: 03 December 2013 Jurisdiction: Equity Division - Commercial List Before: Stevenson J Decision: Transfers voidable by reason of s 37A Conveyancing Act 1919 Catchwords: REAL PROPERTY - voidable dispositions - whether transfers of certain shares and units were an alienation of property made with intent to defraud creditors - whether property transferred was property to which creditors would "otherwise have been entitled" - Conveyancing Act 1919, s 37A Legislation Cited: Bankruptcy Act 1966 (Cth) Conveyancing Act 1919 Cases Cited: Bell Group Ltd (In liq) v Westpac Banking Corporation (No 9) [2008] WASC 239; (2008) 70 ACSR 1 Cannane v J Cannane Pty Ltd (in liq) [1998] HCA 26; 192 CLR 557 Chan v Acres [2013] NSWSC 1597 Chen v Marcolongo; Chen v Lym International Pty Ltd [2009] NSWCA 326 [2009] NSWCA 326 Freeman v Pope (1870) 5 Ch App 538 Griffiths v Falck [2008] NSWSC 998 HM&O Investments Pty Ltd v Ingram [2012] NSWSC 958 HM&O Investments Pty Ltd v Ingram [2012] NSWSC 1225 Ingram v Y Twelve Pty Ltd [2013] NSWSC 928 Ingram v Y Twelve Pty Ltd [2013] NSWSC 1704 Lloyds Bank Ltd v Marcan [1973] 1 WLR 1387 Marcolongo v Chen [2011] HCA 3; (2011) 242 CLR 546 Regal Castings Ltd v Lightbody [2009] 2 NZLR 433 Trustees of Cummins v Cummins (2006) 227 CLR 278 Westpac Banking Corporation v Bell Group (in liq) (No 3) [2012] WASCA 157; (2012) 44 WAR 1 Category: Principal judgment Parties: Bradley Phillip Ingram (first plaintiff) Glenda Louise Ingram (second plaintiff) Y Twelve Pty Limited (first defendant) HM&O Investments Pty Limited (In Liq) (second defendant) Representation: Counsel: G Curtin SC with C Bannan (plaintiffs) A Fernon (first defendant) Solicitors: TressCox Lawyers (plaintiffs) Yates Beaggi Lawyers (first defendant) File Number(s): SC 2012/396969 Publication restriction: Nil