6 Mar 2012
EVIA RURAL FINANCE LIMITED V CRIBB HC HAM CIV-2011-419-631
- Citation
- openlaw-95c04708_4576_4085_9b5a_a8cea55f4f16.pdf
- Court
- High Court
An act of bankruptcy occurred, the creditor proved jurisdictional facts, there was no binding compromise or assignment between Evia and Zender Minol (the invoice was a solicitous gesture and did not transfer rights), and on weighing the discretionary factors administration and accountability interests and the unrealistic prospects of recovery from the debtor justified adjudicating Mr Cribb bankrupt.