25 Jun 2012
LEVIN & ORS V LAWRENCE & ORS HC AK CIV-2012-404-0956
- Citation
- openlaw-b2990f39_0f27_4443_974c_b2c4040d13df.pdf
- Court
- High Court
The Court dismissed the application because the respondents had deposed to a full and reasonable investigation showing no assets or voidable transactions; the statutory presumption against creditor access under s256(1)(a)(ii) requires a good reason to order inspection and the applicants did not establish any such reason or an arguable basis to reopen the liquidation.