28 Feb 2017
RE FRIEDMAN HOWARD BARRY
- Citation
- RE FRIEDMAN HOWARD BARRY
- Court
- Court of First Instance
- Case number
- HCB1854/2016
The petition was dismissed because the court found there were serious, complex factual issues (authorization of accumulator contracts, application of trade receipts to treasury losses, alleged non‑disclosure and potential rescission of the guarantee) that could not be resolved summarily and required viva voce evidence and discovery; accordingly the case was not sufficiently clear to make a bankruptcy order.