Sutherland-Cropper, Victor v National Acceptance Corporation Pty Ltd [1983] FCA 387
As the judgment creditor received no notice of the assignment and the debtor failed to disclose the debt or inform the creditor, the creditor was justified in presenting the petition, and it is appropriate that the trustee pay the taxed costs of the creditor out of the estate.
- Parties
- Judgment Creditor: National Acceptance Corporation Pty. Limited; Judgment Debtor: Victor Sutherland-Cropper (also referred to as Herbert Victor Cropper); Trustee Under the Deed of Assignment: Brian Raymond Silvia
- Jurisdiction
- Australia
- Judgment Date
- 22 December 1983
- Procedural Posture
- Bankruptcy Costs Application / Order Following Dismissal of Creditor's Petition
- Outcome
- Order for payment of costs granted.
- Legal Topics
- Creditor's Petition, Assignment Under Part X, Costs in Bankruptcy Proceedings
Case Brief
Summary, issues, holding and outcome
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Parties
National Acceptance Corporation Pty. Limited
Judgment Creditor
Victor Sutherland-Cropper (also referred to as Herbert Victor Cropper)
Judgment Debtor
Brian Raymond Silvia
Trustee Under the Deed of Assignment
Procedural Posture
Bankruptcy Costs Application / Order Following Dismissal of Creditor's Petition
Legal Issues
- 1 Whether the trustee under a Part X deed of assignment should pay the creditor's costs of a petition dismissed due to prior assignment of estate
Ratio Decidendi
As the judgment creditor received no notice of the assignment and the debtor failed to disclose the debt or inform the creditor, the creditor was justified in presenting the petition, and it is appropriate that the trustee pay the taxed costs of the creditor out of the estate.
Court Disposition
Order for payment of costs granted.
Orders
- Brian Raymond Silvia, the trustee, to pay to National Acceptance Corporation Pty. Limited out of the estate of Herbert Victor Cropper the taxed costs of the petition presented on 12 September 1983 including the costs of the proceedings on 5 and 12 December 1983 and this day.
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