Jersey Judgment

Booth v. Viscount [2016] 1 JLR 201 (22 March 2016)

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Professional case brief

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Source document

01

Holding and result

No payment to debtor's spouse from sale proceeds if proceeds are insufficient to pay secured creditors; interests of secured creditors are of primary importance.

Court disposition

application dismissed

Orders

  • No payment to debtor's spouse from sale proceeds

02

Material facts

Parties

Booth

Debtor's Spouse

Viscount

Bankruptcy Official

03

Procedural history

  1. Posture

    Bankruptcy Application / Judgment

04

Questions and positions

Legal issues

Whether debtor's spouse is entitled to payment from sale proceeds of matrimonial home under Bankruptcy (Desastre) (Jersey) Law 1990, art. 12(5)(b) when proceeds are insufficient to pay secured creditors

Party arguments

Applicant
Debtor's spouse sought payment from sale proceeds of matrimonial home.
Respondent
Viscount argued that proceeds must first satisfy secured creditors and spouse is not entitled if proceeds are insufficient.

05

Court’s reasoning

  1. 01

    Bankruptcy (Desastre) (Jersey) Law 1990, art. 12(5)(b)

    Interests of secured creditors take priority over payment to debtor's spouse from sale proceeds under Bankruptcy (Desastre) (Jersey) Law 1990, art. 12(5)(b)

06

Ratio, limits and disposition

Ratio decidendi

No payment to debtor's spouse from sale proceeds if proceeds are insufficient to pay secured creditors; interests of secured creditors are of primary importance.

Court disposition

application dismissed

  • No payment to debtor's spouse from sale proceeds

Source and reliance status

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Judgment text

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Source document

Court record

Judgment

[2016] 1 JLR 201

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Authorities

Authorities used by the court

Cases, legislation, regulations, and constitutional provisions identified in the available record.

Bankruptcy (Desastre) (Jersey) Law 1990, art. 12(5)(b)

Legislation

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