14 Jul 2009
MARK ROBERT ENSOM (THE BANKRUPT) V NATIONAL GLASS AND ANOR HC AK CIV 2008-404-004374
- Citation
- openlaw-cb173679_ab5f_459b_9ee4_f4eba5bc6f53.pdf
- Court
- High Court
The court rejected annulment under s309(1)(b) because the arrangements did not amount to 'satisfaction' of debts, but granted annulment under s309(1)(c) because most creditors subsequently agreed to the payment arrangements constituting a substantial change in financial circumstances; annulment is conditional on payment of the Official Assignee's fees of $7,343.52 prior to sealing the order.