WEST V THE OFFICIAL ASSIGNEE SC 82/2007

WEST V THE OFFICIAL ASSIGNEE SC 82/2007

Leave to appeal refused because the Court is satisfied the applicant's legal contentions have no real prospect of success: the beneficial interest passed to the Official Assignee under s 42 and could lawfully be sold, and the applicant's subsequent discharge did not terminate the Official Assignee's prior power to...

Source-derived case information.

Citation
SC 82/2007
Parties
Applicant: Lionel Andrew West; Respondent: The Official Assignee
Court
Supreme Court
Jurisdiction
New Zealand
Judgment Date
11 March 2008
Procedural Posture
Leave to Appeal / Leave Application Dismissed
Outcome
application for leave to appeal dismissed
Legal Topics
Vesting of Beneficial Interest, Power of Official Assignee to Sell Bankrupt's Property, Effect of Discharge From Bankruptcy, Statutory Interpretation of S 42 and S 107(1) Insolvency Act 1967, Supreme Court Leave Criteria Under S 13(2) Supreme Court Act 2003
Bankruptcy Law Insolvency Property Law Procedural Law Vesting of Beneficial Interest Power of Official Assignee to Sell Bankrupt's Property Effect of Discharge From Bankruptcy Statutory Interpretation of S 42 and S 107(1) Insolvency Act 1967 +1 more

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Parties

Lionel Andrew West

Applicant

The Official Assignee

Respondent

Procedural Posture

Leave to Appeal / Leave Application Dismissed

  1. 1 Whether the applicant's one‑third beneficial interest vested in the applicant at the time of bankruptcy
  2. 2 Whether the Official Assignee had power to sell that beneficial interest
  3. 3 Whether the applicant's discharge under s 107(1) terminated the Official Assignee's right to dispose of the interest

Ratio Decidendi

Leave to appeal refused because the Court is satisfied the applicant's legal contentions have no real prospect of success: the beneficial interest passed to the Official Assignee under s 42 and could lawfully be sold, and the applicant's subsequent discharge did not terminate the Official Assignee's prior power to dispose of that interest; no interests of justice justification for leave under s 13(2).

Court Disposition

application for leave to appeal dismissed

Orders

  • Leave to appeal dismissed
  • Costs awarded to respondent in the sum of $1500