Re Gillie, Reginald & Ors Ex Parte Gillie, Reginald & Ors v Cornell, Andrew Michael Re Gillie, Alma Ex parte Gillie, Alma v Cornell, Andrew Michael Re Gillie, Glenn Ex Parte Gillie, Glenn v Cornell, Andrew Michael Re Gillie, Dale Ex Parte Gillie, Dale v Cornell, Andrew Michael Re Gillie, Rohan Ex Parte Gillie, Rohan v Cornell, Andrew Michael Re Gillie, Reginald Ex Parte Gillie, Reginald v Cornell, Andrew Michael [1995] FCA 1114

Re Gillie, Reginald & Ors Ex Parte Gillie, Reginald & Ors v Cornell, Andrew Michael Re Gillie, Alma Ex parte Gillie, Alma v Cornell, Andrew Michael Re Gillie, Glenn Ex Parte Gillie, Glenn v Cornell, Andrew Michael Re Gillie, Dale Ex Parte Gillie, Dale v Cornell, Andrew Michael Re Gillie, Rohan Ex Parte Gillie, Rohan v Cornell, Andrew Michael Re Gillie, Reginald Ex Parte Gillie, Reginald v Cornell, Andrew Michael [1995] FCA 1114

The Court granted an interlocutory restraint on the sale of the cattle as it remains reasonably arguable whether the trustee’s decision to sell now is in the best interests of creditors and consultation with creditors was unclear.

Jurisdiction
Australia
Judgment Date
19 December 1995
Procedural Posture
Bankruptcy Application / Interlocutory Application for Restraining Order
Outcome
Interlocutory order restraining trustee from selling cattle until 9 February 1996 or further order.
Legal Topics
['trustee Powers' 'sale of Property' 'interlocutory Relief']
['bankruptcy'] ['trustee Powers' 'sale of Property' 'interlocutory Relief']

Case Brief

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Procedural Posture

Bankruptcy Application / Interlocutory Application for Restraining Order

Legal Issues

  1. 1 ["Whether the trustee should be restrained from selling cattle forming part of the debtors' estates" 'Whether the impending sale is in the interests of unsecured creditors' 'Adequacy of consultation with creditors regarding the sale']

Ratio Decidendi

The Court granted an interlocutory restraint on the sale of the cattle as it remains reasonably arguable whether the trustee’s decision to sell now is in the best interests of creditors and consultation with creditors was unclear.

Court Disposition

Interlocutory order restraining trustee from selling cattle until 9 February 1996 or further order.

Orders

  • ['Trustee restrained from selling, offering, advertising for sale, disposing, charging or otherwise dealing with the cattle until 9 February 1996 or further order.' 'Liberty to apply on 72 hours notice.' 'Application for interlocutory relief adjourned to 7 February 1996.' 'Costs reserved.']