4 Sept 2009
RE LEE RAYMOND CHO-MIN
- Citation
- RE LEE RAYMOND CHO-MIN
- Court
- Court of First Instance
- Case number
- HCB7453/2009
The court found the debtors' proposal was too uncertain and qualified by contingent future events, did not constitute a proper offer that could be accepted to require dismissal, the debtors had not provided full and frank disclosure, and the petitioner's refusal fell within the range of reasonable positions of a hypothetical creditor; therefore s.6D(3) did not oblige dismissal and bankruptcy orders were appropriate.