13 Mar 2009
WHITFIELD AND VAN DELDEN AS RECEIVERS OF THE BOWDEN NO 14 TRUST V WESTPAC BANKING CORPORATION AND ANOR HC AK CIV 2008-404-5672
- Citation
- openlaw-8d6dcc63_8e35_4a93_9558_d7999b85a383.pdf
- Court
- High Court
The Act and Proposal Order unequivocally transferred designated assets and liabilities from WBC to WNZL (ss 8 and 9) and s13 preserves and permits continuation of claims by or against the successor in its own name; accordingly WBC ceased to be liable as from 1 November 2006 and must be struck out as a defendant, the claim to be pursued against WNZL.