26 Feb 2009
JOHN V ANZ NATIONAL BANK LIMITED HC HAM CIV 2008-419-001576
- Citation
- openlaw-b7e556bd_5de2_4400_9970_f99c57dafe52.pdf
- Court
- High Court
The Court found the jurisdictional prerequisites of s13 were satisfied (judgment debt unpaid, act of bankruptcy, timely application, sum certain and payable), and having considered s37 discretion concluded there was insufficient evidence or prospects to refuse adjudication (debtor's claims unsubstantiated, major assets offshore, no security for creditor); therefore the Court adjudicated David Paul John bankrupt and ordered his affairs to be placed under the Official Assignee.