4 Feb 2009
OFFICIAL ASSIGNEE V C A FRY AS TRUSTEE OF THE FRY FAMILY TRUST AND ORS HC AK CIV 2009-404-000439
- Citation
- openlaw-3738ee73_d3d4_4f6b_9836_049eada16faa.pdf
- Court
- High Court
The Court granted interim asset preservation (freezing) orders because the Official Assignee demonstrated a good arguable case on the trustee indemnity claim and voidable transfers, established the assets are within jurisdiction, and proved a real risk of dissipation such that refusal would render any judgment nugatory; the applicant was not required to give the usual undertaking because of the Public Finance Act prohibition on Crown guarantees by statutory officers.