7 Mar 2012
A CROAD AND CM DUNPHY (AS LIQUIDATORS OF DOUBLE ZERO LIMITED AND VISION LIMITED) HC WN CIV-2011-485-2437
- Citation
- openlaw-f4ca7769_cc97_49ef_988f_761300c508b1.pdf
- Court
- High Court
The debtor's asserted cross-claim was not a usable set-off against his personal s301 liability because the claim belonged to Casino Properties (no valid assignment to him personally), the cross-claim was not shown to be genuine and triable as required by s17, and the appeal was abandoned or weak; accordingly the application to set aside the Bankruptcy Notice and the application for a stay of execution were dismissed.