RE CHRISTOPHER JAMES LYNCH
The court held that the District Court judgment constituted a liquidated, immediately payable debt; the statutory demand was not complied with; the debtor's offers were insufficient and properly refused; enforcement actions did not bar the petition, therefore a bankruptcy order should be made.
- Citation
- RE CHRISTOPHER JAMES LYNCH
- Parties
- Petitioning Creditor: Hampton, Winter and Glynn; Debtor: Christopher James Lynch; Official Receiver: Official Receiver
- Court
- Court of First Instance
- Jurisdiction
- Hong Kong
- Judgment Date
- 14 July 2003
- Case Number
- HCB6949/2003
- Procedural Posture
- Bankruptcy Proceedings No. 6949 of 2003 / Petition Hearing and Decision (bankruptcy Order)
- Outcome
- Bankruptcy Order made against the debtor with costs.
- Legal Topics
- Statutory Demand, Bankruptcy Order, Judgment Debt, Forbearance, Settlement Offers, Costs
- Source Language
- EN
Case Brief
Summary, issues, holding and outcome
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Parties
Hampton, Winter and Glynn
Petitioning Creditor
Christopher James Lynch
Debtor
Official Receiver
Official Receiver
Procedural Posture
Bankruptcy Proceedings No. 6949 of 2003 / Petition Hearing and Decision (bankruptcy Order)
Legal Issues
- 1 Whether the judgment debt was immediately payable
- 2 Whether the petition was defective
- 3 Whether the debtor's offers to pay were reasonably refused
Ratio Decidendi
The court held that the District Court judgment constituted a liquidated, immediately payable debt; the statutory demand was not complied with; the debtor's offers were insufficient and properly refused; enforcement actions did not bar the petition, therefore a bankruptcy order should be made.
Court Disposition
Bankruptcy Order made against the debtor with costs.
Orders
- Bankruptcy Order made against Christopher James Lynch
- Costs awarded to the Petitioning Creditor Hampton, Winter and Glynn
Full Case Text
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