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Keay’sInsolvency
PersonalandCorporateLawand
Practice
viii Preface
businesses have not been salvaged or reconstructed through many a commercially agreed
process in the past. But with the latest safe harbour and ipso facto reforms, there is now
some legislative recognition that a more flexible approach, with some legislative direction,
and control, is desirable.
How the results of supporting an innovative and entrepreneurial business environment and
of trying to preserve value in failing businesses will be assessed is problematic. We
commend the government for requiring a review of the safe harbour laws after two years,
but by what process and standard the assessment is to be made is difficult to anticipate.
None of this means that the formal processes of insolvency, which comprise the bulk of this
text, will become redundant. Corporate restructuring always involves a best endeavours
approach, and the formal regime can either be a fail-safe or a means of implementing an
agreed outcome. There will always be those companies that become insolvent and little if
anything but the formal liquidation processes are needed to deal with them. It is there, and
in the area of personal insolvency, that we make many criticisms, and suggest ideas for
reform.
Our view remains, as we said in the 9th edition, that legislative inattention to some of the
inflexibilities of the present corporate insolvency regime, along with greater regulatory
requirements imposed, may well be a reason for the move towards informal restructuring.
This is not an unhealthy trend, but it is an unsatisfactory way to promote it.
Nevertheless, we consider that, while Australia’s insolvency laws could be much improved,
they generally operate to an acceptable standard, and rate reasonably well internationally. In
view of the limited data, in corporate insolvency, we, or anyone, can only make this
assessment based on informed intuitive analysis, and individual case outcomes, but the
assessment is valid nevertheless.
What was our concluding chapter to the last editions of the text – a critical review of the
operation of the insolvency regime – has now been incorporated into our opening chapter,
chapter 1. While the chapter assumes some knowledge of the law and practice, we consider
it is important to put it first, so that succeeding chapters can be critically read in its context.
We continue to see the best approach to explaining insolvency as that originally adopted by
Professor Andrew Keay in the first edition in 1993. We remain in contact with Professor
Keay, now in Leeds, England, and continue to acknowledge his scholarship throughout this
edition of the text.
We are pleased and honoured to have an insightful foreword from Richard Fisher AM, who,
among other distinguished positions, was a commissioner on the 1988 ALRC report headed
by the late Ron Harmer.
Mr Fisher reminds us of the focus on corporate restructuring in the Harmer Report, in

support of our re-focus of the book, and at the same time acknowledges that, with thirty
years now having passed since that Report, it is time for a further review of insolvency law
to be conducted.
We would like to thank readers who have made suggestions for inclusions in the book, in
particular Peter Agardy, Christopher Athanassios, Associate Professor David Brown,
Preface ix
Amanda Coneyworth, Associate Professor Anil Hargovan, Jim Johnson, Morgan Kelly,
Kane Kersaitis, Nicholas Mirzai, Catherine Nguyen, Renee Stevens, Allison Silink, Geoff
Green, Professor Christopher Symes and Mark Wellard.
We are pleased to see that Lara Weeks has returned as editor for this edition.
Michael Murray has continued to focus mainly on the personal insolvency chapters, and
Jason Harris on the corporate, but we both reviewed and contributed to the whole of the
text. Jason made the major contribution to the restructuring chapter.
Jason would like to thank his undergraduate and postgraduate insolvency students at UTS
over the past fourteen years whose probing questions and enthusiasm for the topic have
greatly contributed to his understanding of insolvency law. Most importantly, Jason thanks
his family, Kathy, Ciaran, Erin and Katie, for their continuing love and support.
We have stated the law and law reform as available to us as at May 2018.
MICHAEL MURRAY
JASON HARRIS
Sydney
May 2018
Table of Contents
Foreword ................................................................................................................................. v
Preface .............................................................................................................................. vii
Glossary ........................................................................................................................... xiii
Table of Cases ................................................................................................................... xv
Table of Statutes ............................................................................................................. lxxi
PART I: INTRODUCTION ................................................................................................ 1

Chapter 1: Introduction to Insolvency – the Law, Policy and Current Issues ........ 3
PART II: PERSONAL INSOLVENCY – BANKRUPTCY ARRANGEMENTS FOR

INDIVIDUALS ........................................................................................................... 45
Chapter 2: Introduction to Bankruptcy and its Administration .............................. 47
Chapter 3: Going Bankrupt – Voluntary and Compulsory Bankruptcy ................ 99
Chapter 4: Impact of Bankruptcy .............................................................................. 147
Chapter 5: Recovery of Assets for Creditors ............................................................ 185
Chapter 6: Administration of the Bankruptcy ......................................................... 219
Chapter 7: End of a Bankruptcy and Beyond ......................................................... 289
PART III: PERSONAL INSOLVENCY – NON-BANKRUPTCY ARRANGEMENTS

FOR INDIVIDUALS ................................................................................................ 317
Chapter 8: Personal Insolvency Agreements ............................................................ 319
Chapter 9: Debt Agreements ....................................................................................... 355
PART IV: CORPORATE INSOLVENCY – LIQUIDATION ..................................... 377

Chapter 10: Introduction to Liquidation and Its Administration ......................... 379
Chapter 11: Voluntary and Compulsory Winding Up ............................................. 439
Chapter 12: Provisional Liquidation ......................................................................... 485
Chapter 13: Effects of Winding Up ............................................................................ 497
Chapter 14: Assets Available to the Liquidator ....................................................... 513
Chapter 15: Administration of the Winding Up ...................................................... 563
Chapter 16: Criminal Offences and Civil Actions Against Company Directors .. 625
Chapter 17: Termination of the Winding Up: Deregistration and
Reinstatement ........................................................................................................ 657
xii Table of Contents
PART V: CORPORATE INSOLVENCY – NON-LIQUIDATION

ARRANGEMENTS .................................................................................................. 675
Chapter 18: Receivership ............................................................................................ 677
Chapter 19: Voluntary Administration ...................................................................... 751
Chapter 20: Deeds of Company Arrangement ......................................................... 835
Chapter 21: Restructuring and Workouts ................................................................ 881
Index ................................................................................................................................... 919

Glossary
AFSA Australian Financial Security Authority

AIIP Association of Independent Insolvency Practitioners
APES 110 Code of Ethics of Professional Accountants
APES 330 Accounting Professional and Ethical Standard APES 330 – Insolvency
Services
ARITA Australian Restructuring Insolvency & Turnaround Association
ARITA Code ARITA Code of Professional Practice for Insolvency Practitioners, 3rd ed,
2014
ASIC Australian Securities and Investments Commission
ASIC Act Australian Securities and Investments Commission Act 2001 (Cth)
ATO, or DCT Australian Taxation Office, or Deputy Commissioner of Taxation
Bankruptcy Bankruptcy (Estate Charges) Act 1997 (Cth)
(Estate Charges)
Act
Bankruptcy Act Bankruptcy Act 1966 (Cth)
Clyne Report Report of the Committee appointed by the Commonwealth Attorney-
General to Review the Bankruptcy Law of the Commonwealth, chaired
by Sir Thomas Clyne, 1962
Corporations Act Corporations Act 2001 (Cth)
Courts’ Federal Court (Bankruptcy) Rules 2016 and the Federal Circuit Court
Bankruptcy Rules (Bankruptcy) Rules 2016 (which are largely identical).
Courts’ Being the Federal Court (Corporations) Rules 2000 (Cth); Supreme Court
Corporations (Corporations) Rules 1999 (NSW); Supreme Court (Corporations)
Rules Rules 2003 (Vic); Supreme Court (Corporations) (WA) Rules 2004
(WA); Corporations Rules 2003 (SA), Corporations Supplementary
Rules 2015 (SA); Supreme Court (Corporations) Rules 2008 (Tas);
Corporations Law Rules (NT); Court Procedures Rules 2006 (ACT),
as applicable in any given case.
Cross-Border Cross-Border Insolvency Act 2008 (Cth)
Insolvency Act
DIRRI Declaration of Independence, Relevant Relationships and Indemnities
DOCA, or deed Deed of company arrangement
Family Law Act Family Law Act 1975 (Cth)
FSI Report Financial System Inquiry Report, December 2014
Harmer Report The Law Reform Commission, Report No 45, General Insolvency
Inquiry, ALRC 45, Commissioner, Ron Harmer
IGPD Inspector-General Practice Direction
IGPG Inspector-General Practice Guideline
IGPS Inspector-General Practice Statement
ILRA Insolvency Law Reform Act 2016 (Cth)
xiv Glossary
Innovation The National Innovation & Science Agenda, December 2015

Agenda
Liquidator Registered liquidator
NPII National Personal Insolvency Index
PIA, or Personal insolvency agreement
agreement
PIPA Personal Insolvency Professionals Association
PPSA Personal Property Securities Act 2009 (Cth)
PPSR, or Register Personal Property Securities Register
PPS Registrar Registrar of Personal Property Securities
Pre-pack Pre-packaged insolvency
2015 Productivity Business Set-up, Transfer and Closure, Report No 75, 30 September 2015
Commission
Report
RDAA, or Registered debt agreement administrator
administrator
RATA Report as to affairs
Regulatory ASIC Regulatory Guides
Guide, or RG
Standards Insolvency Practice Rules (Bankruptcy) Division 42
SOA Statement of affairs (personal insolvency)
TMA Turnaround Management Association
Trustee, Registered trustee in bankruptcy
registered trustee
Table of Cases
AAA Financial Intelligence Ltd, Re [2014] NSWSC 1004 ......................................................... 10.460

AAA Financial Intelligence Ltd (No 2), Re [2014] NSWSC 1270 ............................... 10.455, 10.460
ABC Learning Centres Ltd, Re; Application by Walker (No 8) [2009] FCA 994; (2009)
73 ACSR 478 ............................................................................................................................ 19.310
ABL Nominees Pty Ltd v Trinick [2016] FCA 996 ....................................................................... 6.110
ABN Amro Bank NV v Bathurst Regional Council [2014] FCAFC 65; (2014) 224
FCR 1 .......................................................................................................................................... 18.45
ACCC v ABB Power Transmission Pty Ltd [2004] FCA 819; [2004] ATPR 42-011 .................. 17.85
ACCC v ASIC [2000] NSWSC 316; (2000) 34 ACSR 232 ...................... 17.85, 17.90, 17.95, 17.100
ACCC v ASIC, in the matter of SensaSlim Australia Pty Ltd (in liq) [2015] FCA 258 .. 17.85, 17.90
ACCC v Black on White Pty Ltd [2004] FCA 363; (2004) 138 FCR 314; (2004) 2
ABC (NS) 183 ............................................................................................................................ 6.465
ACCC v Dataline.net.au Pty Ltd [2007] FCAFC 146; (2007) 161 FCR 513 ............................... 13.65
ACCC v Get Qualified Australia Pty Ltd (in liq) (No 3) [2017] FCA 1018 ................................ 13.65
ACCC v Hartwich [2002] FCA 273 ............................................................................................... 4.220
ACCC v Morild Pty Ltd [2017] FCA 1308 ................................................................................. 15.275
ACCC v Phoenix Institute of Australia Pty Ltd (Subject to DOCA) [2016] FCA 1246 ........... 15.250,
20.175
ACCC v The Bio Enviro Plan Pty Ltd (2004) 2 ABC (NS) 130; [2004] FCA 415 .................... 4.150
ACES Sogutlu Holdings Pty Ltd (in liq) v Commonwealth Bank of Australia [2014]
NSWCA 402 ............................................................................................................................. 18.260
ACM Group Ltd v Achram [2017] FCCA 2558 ............................................................................ 3.445
ACN 002 408 040 Pty Ltd, Re [2013] NSWSC 470; (2013) 94 ACSR 485 ............................... 17.50
ACN 078 272 867 Pty Ltd v DCT; Binetter v DCT [2011] HCA 46; (2011) 282 ALR
607 ............................................................................................................................................... 17.70
ACN 078 272 867 Pty Ltd v DCT; Binetter v DCT [2011] HCA 46; (2011) 85 ACSR
247 ............................................................................................................................... 17.100, 17.110
ACN 151 726 224 Pty Ltd (in liq), Re [2016] NSWSC 1801 .................................................... 10.295
ACN NPD 008 144 536 Ltd, Re [2004] NSWSC 450; (2004) 49 ACSR 527 ........................... 19.135
AE&E Australia Pty Ltd (in liq), Re [2017] NSWSC 950 .......................................................... 15.350
AGL Victoria Pty Ltd v Lockwood [2003] VSC 453; (2003) 10 VR 596 ................................. 18.440
AIDC v Co-operative Farmers & Graziers Direct Meat Supply Ltd [1978] VR 633 ................ 18.425
ANZ Banking Group Limited, in the matter of James v James [2016] FCA 332 ............ 3.225, 3.345
ASC v Cooke (1997) 15 ACLC 435 ............................................................................................. 18.135
ASC v Forem-Freeway Enterprises Pty Ltd [1999] FCA 179; 30 ACSR 339 .............................. 4.220
ASC v Marlborough Gold Mines Ltd (1993) 177 CLR 485 ....................................................... 20.125
ASC v Solomon (1996) 19 ACSR 73 ...................................................................... 12.30, 12.35, 12.60
ASIC v ActiveSuper Pty Ltd (in liq) [2015] FCA 342 ................................................................ 14.239
ASIC v Activesuper Pty Ltd (No 2) [2013] FCA 234; (2013) 93 ACSR 189 .............................. 12.35
ASIC v Ariff [2009] NSWSC 829 ................................................................................... 10.435, 10.445
ASIC v Australian Investors Forum Pty Ltd (2003) 44 ACSR 503 ............................................ 18.150
ASIC v Australian Investors Forum Pty Ltd (No 2) [2005] NSWSC 267 ...................................... 7.95
ASIC v Burnard [2007] NSWSC 1217; (2007) 25 ACLC 1505 ................................................. 18.130
ASIC v Diploma Group Ltd (No 5) [2017] FCA 1147 ................................................................. 19.35
xvi Table of Cases
ASIC v Edge [2007] VSC 170; (2007) 211 FLR 137 ........................... 2.225, 10.205, 10.250, 10.330
ASIC v Edwards [2009] NSWCA 424; (2009) 76 ACSR 369 ............................................... 1.65, 1.80
ASIC v Forestview Nominees Pty Ltd [2006] FCA 1530; (2006) 24 ACLC 1567 ...... 18.422, 18.423
ASIC v Forge [2003] FCAFC 274; (2003) 133 FCR 487 ........................... 3.215, 3.280, 3.335, 3.380
ASIC v Franklin; Re Walton Constructions Pty Ltd [2014] FCAFC 85; (2014) 223
FCR 204 ............................................................................................ 10.210, 10.445, 19.140, 19.145
ASIC v Gognos Holdings Ltd [2017] QSC 207 ............................................................................. 11.55
ASIC v Healey [2011] FCA 717; (2011) 196 FCR 291 ................................................................ 16.35
ASIC v Karl Suleman Enterprises Pty Ltd [2003] NSWSC 400; (2003) 45 ACSR 401 ........... 10.300
ASIC v Krecichwost [2007] NSWSC 1458 ................................................................................. 18.130
ASIC v Lanepoint Enterprises Pty Ltd [2011] HCA 18; (2011) 244 CLR 1 ................. 11.270, 11.305
ASIC v Lawrenson Light Metal Die Casting Pty Ltd (1999) 158 FLR 307 .............................. 18.470
ASIC v Lee [2007] FCA 918 ........................................................................................................ 18.130
ASIC v Letten (No 13) [2011] FCA 1151; (2011) 86 ACSR 174 ................................. 18.430, 18.440
ASIC v Loiterton [2004] NSWSC 897; (2004) 50 ACSR 693 ..................................................... 4.150
ASIC v Macdonald (No 11) [2009] NSWSC 287; (2009) 230 FLR 1 ......................................... 16.35
ASIC v McKenney Consulting Pty Ltd [2003] VSC 527; (2003) 21 ACLC 314 ...................... 19.230
ASIC v Midland Highway Pty Ltd (Admin apptd) [2015] FCA 1360; (2015) 110
ACSR 203 ...................................................................................................... 10.280, 15.110, 20.270
ASIC v Neolido Holdings Pty Ltd [2006] QCA 266 ................................................................... 16.175
ASIC v Oceanic Asset Management Pty Ltd [2015] FCA 966 ........................................ 12.05, 18.130
ASIC v Planet Platinum Ltd (in liq) [2016] VSC 120; (2016) 112 ACSR 570 ................ 19.40, 19.42
ASIC v Plymin [2003] VSC 123; (2003) 46 ACSR 126 ............................. 1.60, 16.90, 16.95, 16.100
ASIC v Radisson Maine Property Group (Aust) Pty Ltd [2004] NSWSC 949; (2004)
51 ACSR 420 ................................................................................................................................ 1.40
ASIC v Rich [2003] NSWSC 85; (2003) 21 ACLC 450 ............................................................... 16.20
ASIC v Rich [2009] NSWSC 1229; (2009) 75 ACSR 1 ............................................................... 16.42
ASIC v Samson [1997] FCA 739; (1997) 24 ACSR 555 .............................................................. 15.15
ASIC v Sigalla [2009] NSWSC 1205; (2009) 74 ACSR 710 ..................................................... 18.130
ASIC v Somerville [2009] NSWSC 934; (2009) 77 NSWLR 110 ............................................... 16.70
ASIC v Storm Financial Ltd [2009] FCA 269; (2009) 71 ACSR 81 .......................................... 19.425
ASIC v Tax Returns Australia Dot Com Pty Ltd [2010] FCA 715 ............................................... 12.05
ASIC v Uglii Corporation Ltd [2016] FCA 1099 .......................................................................... 12.35
ASIC v Westpoint [2006] FCA 135; (2006) 56 ACSR 646 ......................................................... 10.220
ASIC, Re; Sino Australia Oil and Gas Limited (in liq) v Sino Australia Oil and Gas
Limited (in liq) [2016] FCA 1488 ........................................................................................... 15.275
ASP Holdings Ltd v Pan Australia Shipping Pty Ltd [2006] FCA 1379; (2006) 235
ALR 554 ................................................................................................................................... 19.250
Abignano v Wenkart [1998] FCA 1468 .......................................................................................... 3.305
Access Elevators Australia Pty Ltd, Re [2016] NSWSC 739 ...................................................... 11.185
Accord Pacific Holdings Pty Ltd v Gleeson [2011] NSWSC 1021 ............................................ 10.215
Aced Kang Investments Pty Ltd, Re [2017] FCA 476 .................................................................. 14.15
Active Adult Management Pty Ltd v Milstern Retirement Living Pty Ltd [2017]
NSWSC 1238 ............................................................................................................................. 13.55
Actwane Pty Ltd, Re [2002] NSWSC 572; (2002) 42 ACSR 307 .............................................. 18.425
Adams v Lambert [2006] HCA 10; (2006) 228 CLR 409 ............................................................. 3.285
Adler v Qintex Group Management Services Pty Ltd [1996] QCA 464; (1996) 22
ACSR 446 ................................................................................................................................. 15.145
Adsett v Berlouis [1992] FCA 368; (1992) 37 FCR 201 .... 2.225, 2.235, 2.275, 4.115, 6.300, 10.450
Advance Housing Pty Ltd (in liq) v Newcastle Classic Developments Pty Ltd (1994)
12 ACLC 701; 14 ACSR 230 ..................................................................................... 10.210, 19.140
Ah Toy v Registrar of Companies (1986) 10 FCR 356 ....................... 10.240, 10.250, 10.330, 10.440
Table of Cases xvii
Ahern v DCT [1987] FCA 312; (1987) 76 ALR 137 ........................................................... 2.08, 3.390
Air Services Australia v Ferrier [1996] HCA 54; (1996) 185 CLR 483 ......................... 5.240, 14.120
Airlines Airspares Ltd v Handly Page Ltd [1970] 1 Ch 193 ....................................................... 18.550
Akers v DCT [2014] FCAFC 57; (2014) 223 FCR 8 ......................................... 13.60, 14.235, 15.435
Akers v Saad Investments Co Ltd [2010] FCA 1221; (2010) 190 FCR 285 ................................ 13.60
Akron Roads Pty Ltd (in liq) (No 3), Re [2016] VSC 657 ............................................... 6.500, 16.15
Alabama, New Orleans, Texas and Pacific Junction Railway Co, Re [1891] 1 Ch 213 ............ 20.125
Alafaci, Re (1976) 9 ALR 262 ........................................................................................................ 6.255
Alati v Wei Sheung [2000] NSWSC 601; (2000) 34 ACSR 489 ................................................ 11.210
Albert v Namba Pty Ltd (1997) 15 ACLC 1242; 24 ACSR 577 ................................................ 19.265
Alexander’s Securities (No 2), Re [1983] 2 Qd R 597 ................................................................ 11.215
Alfaro v Crown Commercial Cleaning Pty Ltd [2012] FMCA 478 ............................................ 10.190
Alia v Pattison [2006] FMCA 690; (2006) 231 ALR 656 ............................................................. 7.125
Alice Alderson, In re; Ex parte Jackson [1895] 1 QB 183 ............................................................ 3.180
Aliferis v Kyriacou (2000) 1 VR 447 ............................................................................................. 6.465
All Saints v Tahatos [2004] FMCA 477 ......................................................................................... 3.340
Allatech Pty Ltd v Construction Management Group Pty Ltd [2002] NSWSC 293;
(2002) 41 ACSR 587 ................................................................................................................ 20.245
Allchurch, Re [1993] FCA 392; (1993) 44 FCR 182 .................................................................... 7.180
Alleasing Pty Ltd; Re OneSteel Manufacturing Pty Ltd [2017] FCA 656 ................................... 14.20
Allebart Pty Ltd, Re [1971] 1 NSWLR 24 ................................................................................... 15.110
Allen v Feather Products Pty Ltd [2008] NSWSC 259; (2008) 72 NSWLR 597 ...................... 15.320
Allied Mills Pty Ltd v Kiriakidis [2006] FMCA 1164 .................................................................. 9.115
Almassy, Re [1999] FCA 1004; (1999) 92 FCR 597 ....................................................................... 7.85
Aloridge Pty Ltd v Christianos [1994] FCA 972 ........................................................................... 12.70
Alsafe Security Products Pty Ltd (in liq), Re [2016] NSWSC 428 ............................................ 14.205
Ambrose v Poumako [2012] FCA 889 ............................................................................................. 5.35
Ambrose (Trustee) in the matter of Poumako (Bankrupt) v Poumako (No 3) [2013]
FCA 22 ........................................................................................................................................ 5.240
American Express Australia Ltd v Michaels [2010] FMCA 103 .................................................. 3.225
American Express International Inc v Held [1999] FCA 321; (1999) 87 FCR 583 ......... 3.220, 3.365
Amerind Pty Ltd (recs and mgrs apptd) (in liq), Re [2017] VSC 127; (2017) 121
ACSR 206 ................................................................................................................................. 15.350
Ames v Birkenhead Docks Trustees [1855] Eng R 373 .............................................................. 18.565
Amorin Constructions Pty Ltd v Kamtech Electrical Services Pty Ltd [2008] NSWSC
285; (2008) 73 NSWLR 627 ........................................................................................ 3.350, 11.230
Amos v Brisbane TV Ltd (2000) 100 FCR 82; [2000] FCA 825 ................................................. 3.325
Anasis, Re (1985) 11 FCR 127; [1985] FCA 458 ............................................................................ 7.80
Andersen v Lennon [2017] FCCA 2452 ........................................................... 1.15, 1.25, 2.195, 2.350
Andersens Home Furnishing Co Pty Ltd, Re (1996) 14 ACLC 1,710 ............................ 19.85, 20.130
Anderson Formrite Pty Ltd v CASC Hire Pty Ltd [2005] FCA 1424; (2005) 147 FCR
379 ............................................................................................................................................... 11.95
Anderson Rice v Bride [1995] FCA 1627; (1995) 61 FCR 529 ................................................... 3.340
Andrew v Zant Pty Ltd [2004] FCA 1716 .............................................................................. 5.70, 5.95
Andrews, Re (1958) 18 ABC 181 ................................................................................................... 6.250
Anglican Development Fund Diocese of Bathurst (receivers & managers appointed), In
the matter of [2015] NSWSC 440 ........................................................................................... 15.285
Anglican Development Fund Diocese of Bathurst Board, Re [2015] NSWSC 6 ....................... 18.535
Anglican Development Fund Diocese of Bathurst Board (rec and man Apptd), Re
[2017] NSWSC 967 ................................................................................................................. 18.495
Anglo Coal (Drayton Management) Pty Ltd [2004] NSWSC 604; (2005) 23 ACLC 82 .......... 17.100
Anmi Pty Ltd v Williams [1981] 2 NSWLR 138; 52 FLR 309 .................................................... 6.320
xviii Table of Cases
Anne v Ask Funding Ltd [2015] FCA 1111 ........................................................................ 3.200, 3.220
Anscor Pty Ltd v Clout [2004] FCAFC 71; (2004) 135 FCR 469; 1 ABC (NS) 558 ......... 2.95, 4.25,
5.30, 5.15, 5.35, 5.55, 5.240
Ansett, Re; Ex parte Ansett v Pattison [1995] FCA 1173; (1995) 56 FCR 526 ........................... 7.125
Ansett Australia, Re [2002] FCA 90; (2002) 20 ACLC 1,187 ...................................................... 19.10
Ansett Australia, Re; Rappas v Ansett [2001] FCA 1348; (2001) 39 ACSR 296 .......... 19.90, 19.155,
19.170, 19.390
Ansett Australia Ground Staff Superannuation Plan Pty Ltd v Ansett Australia Ltd
[2002] VSCA 117; (2002) 176 FLR 576 ................................................................................. 15.400
Ansett Australia Ltd v Ansett Australia Ground Staff Superannuation Plan Pty Ltd
[2002] VSC 114; (2002) 41 ACSR 598 .................................................................................. 20.220
Ansett Australia Ltd, Re [2006] FCA 277; (2006) 151 FCR 41 ................................................... 20.15
Ansett Australia Ltd (No 1), Re [2001] FCA 1806; (2001) 115 FCR 376 ................................. 19.390
Ansett Australia Ltd (No 3), Re [2002] FCA 90; (2002) 115 FCR 409 ..................................... 19.170
Apostolou v VA Corporation Aust Pty Ltd [2010] FCA 64; (2010) 77 ACSR 84 ....................... 14.15
Appleyard Capital Pty Ltd, Re [2014] NSWSC 782; (2014) 101 ACSR 629 ..... 13.70, 14.20, 14.270
Application in the matter of Kelly (No 2) [2015] FCCA 3036 ..................................................... 6.530
Application of Tsantis (in the Matter of Bauer) [2010] FMCA 112 ............................................. 6.530
Aprais Pty Ltd, Re [2003] QSC 329; [2004] 1 Qd R 450 ............................................................. 11.10
Aquaqueen International Pty Ltd, Re [2014] NSWSC 527 ........................................................... 11.60
Aquila Resources Ltd v Pasminco Ltd [2002] WASC 53 ............................................................ 19.250
Arafura Finance Corporation Pty Ltd v Kooba Pty Ltd (No 2) [1987] NTSC 64; 12
ACLR 331 ................................................................................................................................... 17.20
Aravanis & Roy v Destanovic [2016] FCA 388 ............................................................................ 5.265
Arcabi Pty Ltd, Re; Ex parte Theobald [2014] WASC 310; (2014) 288 FLR 236 ....... 18.325, 19.110
Arcade Badge Embroidery Co Pty Ltd v Deputy Commissioner of Taxation [2005]
ACTCA 3; 157 ACTR 22 ......................................................................................................... 11.190
Arcfab Pty Ltd v Boral Ltd [2002] NSWSC 1188; (2002) 43 ACSR 573 ................................. 20.200
Argyll Park Thoroughbreds Pty Ltd v Glen Pacific Pty Ltd (1992) 11 ACSR 1 ........................ 11.250
Ariff v Fong [2007] NSWCA 183; (2007) 25 ACLC 1079 ......................................................... 15.180
Ariff v Fong [2010] NSWSC 696; (2010) 240 FLR 300 ............................................................ 20.150
Arnold World Trading Pty Ltd v ACN 133 427 335 Pty Ltd [2010] NSWSC 1369;
(2010) 80 ACSR 670 ...................................................................................................... 17.50, 17.85
Arogen v Leighton [2013] NSWSC 1099 .................................................................................... 19.250
Artistic Builders Pty Ltd v Elliott & Tuthill (Mortgages) Pty Ltd [2002] NSWSC 16 ............. 18.260
Arundell and Inspector-General in Bankruptcy [2006] AATA 88; 3 ABC (NS) 620 ................... 7.130
Asden Developments Pty Ltd v Dinoris (No 3) [2016] FCA 788; (2016) 114 ACSR
347 ............................................................................................................................................. 10.245
Asden Developments Pty Ltd (in liq) v Dinoris [2017] FCAFC 117 ......................................... 10.245
Asfar & Co v Blundell [1896] 1 QB 123 ..................................................................................... 19.275
Ashington Bayswater Pty Ltd, Re [2013] NSWSC 1008 ................................................. 14.85, 14.135
AssetInsure Pty Ltd v New Cap Reinsurance Corp Ltd [2004] NSWCA 225; (2004) 61
NSWLR 451 ............................................................................................................................. 15.250
AssetInsure Pty Ltd v New Cap Reinsurance Corp Ltd [2006] HCA 13; (2006) 225
CLR 331 ................................................................................................................................... 15.250
Associated Dominions Assurance Society Ltd, Re (1962) 109 CLR 516 ..................................... 13.80
Athans, Re; Ex parte Athans (1991) 29 FCR 302 .......................................................................... 3.325
Atlas Iron Ltd, Re [2016] FCA 366; (2016) 112 ACSR 554 ...................................................... 21.120
Attard v James Legal Pty Ltd [2010] NSWCA 311; (2010) 80 ACSR 585 .................. 19.120, 19.250
Atwell & Co Pty Ltd (in liq), Re [2017] VSC 683 ..................................................................... 10.455
Auburn Council v Austin Australia Pty Ltd [2004] NSWSC 141; (2004) 22 ACLC 766 ......... 19.250
Table of Cases xix
Ausino International Pty Ltd v Apex Sports Pty Ltd [2007] NSWSC 182; (2007) 61
ACSR 524 ................................................................................................................................. 20.100
Ausino International Pty Ltd v Apex Sports Pty Ltd [2007] NSWSC 289; (2007) 25
ACLC 415 ................................................................................................................................. 19.345
Aussie Vic Plant Hire Pty Ltd v Esanda Finance Corporation Ltd [2008] HCA 9;
(2008) 232 CLR 314 ................................................................................................................ 11.110
Austar Finance Group v Campbell [2007] NSWSC 1493; (2007) 25 ACLC 1834 .................... 11.100
Austcorp Project Number 20 Pty Ltd v LM Investment Management Ltd (in liq)
[2014] FCA 1371 ........................................................................................................................ 6.430
Austral Brick Co Pty Ltd v Tome Daskalovski [1998] FCA 782 ................................................. 7.165
Austral Family Homes Pty Ltd, Re (1992) 28 NSWLR 247 ......................................................... 17.55
Australasian Barrister Chambers Pty Ltd (in liq), Re [2017] NSWSC 597 ................................ 18.265
Australasian Memory Pty Ltd v Brien [2000] HCA 30; (2000) 200 CLR 270 ............. 19.385, 19.395
Australia and New Zealand Banking Group Limited v State of Queensland, in the
matter of McFarlane (a Bankrupt) [2017] FCA 696 ................................................................. 6.285
Australia and New Zealand Banking Group Ltd v Elferkh [1999] FCA 1049; (2000) 92
FCR 195 ...................................................................................................................................... 3.385
Australia and New Zealand Banking Group Ltd v Foyster [2000] FCA 400 ............................... 3.395
Australia and New Zealand Banking Group Ltd v Shilton [2015] FCCA 1783 ............................. 7.60
Australia and New Zealand Banking Group Ltd v TJF/EBC Pty Ltd [2006] NSWSC
25; (2006) 24 ACLC 327 ......................................................................................................... 15.410
Australian Beverage Distributors Pty Ltd v Evans and Tate Premium Wines Pty Ltd
[2007] NSWCA 57; (2007) 69 NSWLR 374 .......................................................................... 11.250
Australian Beverage Distributors Pty Ltd v The Redrock Co Pty Ltd (2007) 213 FLR
450; [2007] NSWSC 966 ......................................................................................................... 11.275
Australian Beverage Distributors Pty Ltd v The Redrock Co Pty Ltd [2008] NSWSC 3;
(2008) 26 ACLC 74 .................................................................................................... 11.215, 11.280
Australian Consolidated Investments Ltd v Woodings (1996) 16 WAR 388 .............................. 15.300
Australian Guarantee Corporation v Lawrence (1999) 17 ACLC 1,226 ........................ 20.250, 20.255
Australian Gypsum Industries Pty Ltd v Dalesun Holdings Pty Ltd [2015] WASCA 95;
(2015) 106 ACSR 79 ............................................................................ 15.305, 19.10, 20.95, 20.120
Australian Industry Development Corp v Co-op Farmers & Graziers Direct Meat
Supply Ltd [1978] VR 633 ...................................................................................................... 18.565
Australian Kitchen Industries Pty Ltd v Albarran [2005] NSWSC 1047; (2005) 51
ACSR 604 ................................................................................................................................... 14.80
Australian Liquor, Hospitality & Miscellaneous Workers Union v Home Care Transport
Pty Ltd [2002] FCA 497; (2002) 117 FCR 87 .......................................................................... 13.55
Australian Property Custodian Holdings Ltd, Re [2010] VSC 492 ............................................... 19.30
Australian Prudential Regulation Authority v Rural & General Insurance Ltd [2004]
FCA 185; (2004) 136 FCR 149 ............................................................................................... 19.255
Australian Resources Ltd, Re (2004) 52 ACSR 452 .................................................................... 11.300
Australian Solar Electrics Pty Ltd v IPD Group Ltd [2012] FCA 786 ....................................... 11.100
Australian Steel Company (Operations) Pty Ltd v Lewis (2000) 109 FCR 33 ............................ 3.295
Australian Workers’ Union v Bowen (No 1) [1946] HCA 24; (1946) 72 CLR 575 ......... 3.135, 3.210
Autodom Ltd, Re [2012] FCA 1393 ............................................................................................. 19.310
Autron Pty Ltd v Benk [2011] FCAFC 93; (2011) 195 FCR 404 .......................... 3.155, 3.205, 3.340
Avonwick Holdings Ltd v Shlosberg [2016] EWCA Civ 1138 ....................................................... 4.50
Axarlis v Pets Paradise Franchising (SA) Pty Ltd [2010] FCA 319; (2010) 183 FCR
521 ............................................................................................................................................... 3.320
Axess Debt Management Pty Ltd v Haykal, in the matter of Haykal [2017] FCA 599 .............. 3.445
Axess Debt Management Pty Ltd v Haykal, in the matter of Haykal (No 2) [2017]
FCA 1186 ........................................................................................................................ 6.425, 6.555
xx Table of Cases
Ayerst v C & K (Constructions) Ltd [1976] AC 167 ............................................ 13.10, 13.25, 15.295
Ayoub, Re; ex parte Silvia [1983] FCA 112; (1983) 67 FLR 144 ................................................ 2.250
Ayres v Evans (1981) 56 FLR 235; [1981] FCA 213 .................................................................... 6.182
B&M Quality Constructions Pty Ltd v Buyrite Steel Supplies Pty Ltd (1995) 15 ACSR
433 ............................................................................................................................................... 11.95
B Johnson & Co (Builders) Ltd, Re [1955] Ch 634 .................................................................... 18.195
B Pty Ltd v Sykes [2013] FamCA 359 .......................................................................................... 4.120
B Pty Ltd v Sykes [2014] FamCA 451 .......................................................................................... 4.120
BBC Hardware Ltd v GT Homes Pty Ltd (1997) 15 ACLC 431 .................................... 19.85, 19.250
BDT Holdings Pty Ltd v Piscopo [2009] FCA 151 ....................................................................... 6.520
BE Australia WD Pty Ltd v Sutton [2011] NSWCA 414; (2011) 82 NSWLR 336 .... 20.165, 20.175,
20.245
BE Australia WD Pty Ltd (subject to a Deed of Company Arrangement) v Sutton
[2011] NSWCA 414; (2011) 82 NSWLR 336 ........................................................... 19.215, 19.395
BGC Contracting Pty Ltd v Kimberly Gold Pty Ltd (2000) 35 ACSR 633 ............................... 20.260
BMW Australia Finance Ltd v Geraerts [2004] FMCA 1028 ........................................................ 9.110
BNY Corporate Trustee Services v Eurostar-UK [2013] UKSC 28 ................................................ 1.55
BP Australia Ltd v Brown [2003] NSWCA 216; (2003) 58 NSWLR 322 ................................. 14.175
BPM Pty Ltd v HPM Pty Ltd (1996) 131 FLR 339 ...................................................................... 13.55
BPTC Ltd (No 2), Re (1992) 10 ACLC 1431 .............................................................................. 15.185
BTS Bearings Pty Ltd v Transmission Supplies Pty Ltd (1983) 1 ACLC 923 .......................... 21.145
BWK Elders (Australia) Pty Ltd v White [2004] FCA 1611; [2004] 3 ABC (NS) 70 ....... 3.120, 7.85
Bacchus Distillery Pty Ltd, Re [2014] VSC 111; (2014) 98 ACSR 539 ....................... 19.180, 19.185
Bacnet Pty Ltd v Lift Capital Partners Pty Ltd [2010] FCAFC 36; (2010) 183 FCR
384 ............................................................................................................................................. 19.365
Bairnsdale Food Products Ltd, Re (1948) VLR 264 .................................................................... 10.335
Baker v Landon [2010] FMCAfam 280 ......................................................................................... 4.135
Ballieu Knight Frank (NSW) Pty Ltd v Ted Manny Real Estate Pty Ltd (1992) 30
NSWLR 3597 ........................................................................................................................... 11.275
Bank of Australasia v Hall (1907) 4 CLR 1514 .............................................................................. 1.40
Bank of Baroda Ltd v Panessar [1987] Ch 335 ............................................................................. 18.85
Bank of New Zealand v Essington Developments Pty Ltd (1991) 5 ACSR 86 ......................... 18.215
Bank of Western Australia Ltd v Abdul [2012] VSC 222 ........................................................... 18.160
Bank of Western Australia Ltd v Clift [2010] QSC 366; (2010) 80 ACSR 163 .......................... 19.85
Bankruptcy, Treason and Other Crimes [2001] 1 INSLB 138 ......................................................... 2.08
Banksia Securities Limited (in liq) (rec and man apptd), In the matter of [2016]
NSWSC 357 ............................................................................................................................. 18.495
Banksia Securities Ltd (No 2), Re [2015] NSWSC 1449 .............................................................. 18.90
Banksia Securities Ltd (in liq) (rec and man apptd), Re [2017] NSWSC 540 ............. 18.240, 18.495
Barclays Australia (Finance) Ltd v Mike Gaffikin Marine Pty Ltd (1996) 21 ACSR 235 ........ 11.160,
11.190
Barclays Bank Ltd v Quistclose Investments Limited [1970] AC 567 ......................................... 5.150
Barclays Bank plc, Re [2012] NSWSC 1095 ............................................................................... 14.270
Barnes v Addy (1874) LR 9 Ch App 244 ...................................................................................... 16.45
Barnet v Zhang [2017] FCA 924 .................................................................................................... 6.530
Bartercard v Wily [2001] NSWCA 262; (2001) 39 ACSR 94 ...................................................... 14.80
Bartex Fabrics Pty Ltd v Phillips Fox (1994) 12 ACLC 462 ........................................................ 11.80
Barton v Malcolm Johns Legal Pty Ltd (No 2) [2015] FCA 166 ................................................. 3.335
Barton v Official Receiver (1986) 161 CLR 75 ........................................................................... 14.220
Table of Cases xxi
Baseline Constructions Pty Ltd (Subject to DOCA), Re [2017] NSWSC 1018 ............ 20.55, 20.125,
20.175
Bassoak Pty Ltd v Rellgrove Pty Ltd [2006] NSWSC 262; (2006) 57 ACSR 86 ....................... 15.15
Bastion v Gideon Investments Pty Ltd (No 2) [2000] NSWSC 959 ............................................. 4.110
Bathurst City Council v Events Management Specialist Pty Ltd [2001] NSWSC 34;
(2001) 36 ACSR 732 ................................................................................................................ 20.375
Batrouney v Forster [2015] VSC 541 .............................................................................. 18.205, 18.500
Battenberg v Restom [2007] FCAFC 195; 5 ABC (NS) 533 ........................................................ 3.160
Bayswood Pty Ltd, Re (1981) 6 ACLR 107 .................................................................................. 12.65
Bcode Pty Ltd, Re [2012] NSWSC 1530 ..................................................................................... 15.360
Beach Petroleum NL v Johnson (1992) 9 ACSR 404 .................................................... 18.130, 18.135
Beaman v Bond [2013] FCA 534 ................................................................................................... 2.370
Beaman v Bond [2017] FCAFC 142 ............................................................................. 7.65, 7.75, 7.85
Beatty v Brashs Pty Ltd (1998) 79 FCR 551 ................................................................... 19.42, 20.300
Bechrose Pty Ltd v Jefferson (Trustee) [1999] FCA 1153 ............................................................. 6.110
Beechworth Land Estates Pty Ltd, Re [2015] NSWSC 733; (2015) 106 ACSR 495 ... 19.165, 19.390
Behan, Re (1995) 13 ACLC 1644 .................................................................................................. 19.85
Bele & Company Pty Ltd, In the matter of [2017] NSWSC 1824 ............................................. 17.110
Bell Group Ltd, The v Westpac Banking Corp (No 9) [2008] WASC 239; (2008) 39
WAR 1 ........................................................................................................ 1.75, 16.30, 16.70, 16.75
Bell Group Ltd, The v Westpac Banking Corporation (1997) 18 WAR 21 ................................ 15.420
Bell Group Ltd (in liq) v DCT [2015] FCA 1056 ....................................................................... 14.260
Bell Group Ltd (in liq) v Westpac Banking Corp (No 9) [2008] WASC 239; (2008) 39
WAR 1 .......................................................................................................................................... 1.30
Belmont Park Investments Pty Ltd v BNY Corporate Trustee Services Ltd [2011]
UKSC 38; [2012] 1 AC 383 ......................................................................................... 13.72, 20.180
Benbow v Scales [2002] NSWCIMC 184 ....................................................................... 15.235, 18.345
Benda, Re [1985] FCA 143; (1985) 6 FCR 346 ............................................................................ 4.235
Bendel, Re; Ex parte Bendel v Pattison [1997] FCA 1295; (1997) 80 FCR 123 ........................... 7.45
Bendigo & Adelaide Bank Ltd v Feldman [2013] FCCA 241 ...................................................... 3.460
Benton, in the matter of Mackay Rural Pty Ltd [2014] FCA 1285 ............................................ 18.215
Berkeley Applegate (Investment Consultants) Ltd (in liq), Re [1989] Ch 32 ............... 10.460, 15.350
Bernsteen Pty Ltd (No 2), Re [2007] FCA 48; (2007) 25 ACLC 129 ........................................ 15.180
Bevillesta Pty Ltd, Re [2011] NSWSC 417 ...................................................................... 10.130, 20.80
Bidald Consulting Pty Ltd v Miles Special Builders Pty Ltd [2005] NSWSC 1235;
(2005) 226 ALR 510 ................................................................................................................ 20.255
Bilios and Inspector-General in Bankruptcy [2012] AATA 873 .................................................... 6.365
Bill Express Ltd, Re; Di Donato v Crosbie [2010] VSC 101; (2010) 77 ACSR 556 ... 15.160, 15.180
Biposo Pty Ltd, Re (1995) 120 FLR 399 ............................................. 10.205, 10.355, 10.445, 19.420
Bird, Re; Ex parte Azzopardi [1979] FCA 95; (1979) 39 FLR 277 ............................................. 4.210
Bird, Re; Ex parte Gregoriades [1979] FCA 96; (1979) 39 FLR 295 .......................................... 4.210
Biron Capital Ltd v Velowing Pty Ltd [2003] NSWSC 1181 ..................................................... 11.135
Blackjack Executive Car Services Pty Ltd v Koulax [2002] VSC 380 ........................................ 13.35
Blackshaw Services Pty Ltd v Cureton (2003) 1 ABC (NS) 453 ................................................. 3.295
Blacktown City Council v Macarthur Telecommunications Pty Ltd [2003] NSWSC
883; (2003) 47 ACSR 391 ............................................................................... 19.10, 19.255, 20.270
Blue Ridge WA Pty Ltd (in liq), Re [2015] FCA 567 ................................................................. 15.160
Bluebrook Ltd, Re [2009] EWHC 2114 ....................................................................................... 21.115
Bluenergy Group Ltd, Re [2015] NSWSC 977; (2015) 107 ACSR 373 . 19.10, 19.30, 19.42, 19.190,
19.390, 19.395, 20.20, 20.95, 20.120
Blundell v Macrocom Pty Ltd [2004] NSWSC 895; (2004) 50 ACSR 549 ............................... 19.255
Boart Longyear Ltd, Re [2017] NSWSC 567 .............................................................................. 20.125
xxii Table of Cases
Boart Longyear Ltd (No 2), Re [2017] NSWSC 1105 ...................................... 20.125, 21.115, 21.120
Body Corporate Repairers Pty Ltd v Oakley Thompson & Co Pty Ltd [2017] VSC 435 .......... 11.95,
11.175, 11.190
Boensch v Pascoe [2007] FCA 1977; (2007) 5 ABC (NS) 480 .................. 2.205, 2.240, 2.255, 6.450
Bolton & Downs Building Co Ltd v Darling Downs Building Society [1935] St R Qd
237 ............................................................................................................................................. 18.205
Bonberra Pty Ltd v Hawksford (Administrator), in the matter of the Estate of
Hawksford [2013] FCA 838 ....................................................................................................... 3.450
Bond v Hong Kong Bank of Australia Ltd (1991) 25 NSWLR 286 ............................................ 18.85
Bond v Rozenes (1995) 67 FCR 122; [1995] FCA 1231 ................................................................ 7.95
Bond v Trustee of Property of Bond (1994) 52 FCR 304 ............................................................. 6.355
Bond v Tuohy [1995] FCA 1085; (1995) 56 FCR 92 ................................................................... 6.225
Bond Corporation Holdings Ltd, Re [1990] 1 WAR 465; 8 ACLC 153 .............. 1.90, 11.165, 11.170
Boné v Smith [2015] FCA 870 ..................................................................................................... 10.320
Boral Bricks Pty Ltd v Davey [2010] QSC 131; [2011] 2 Qd R 301 ........................................ 20.130
Boral Montoro Pty Ltd v McLachlan [2007] FMCA 533 ............................................................. 2.235
Bosnjac Holdings, Re [2005] FCA 275; (2005) 53 ACSR 8 ....................................................... 19.390
Boumelhem v Commonwealth Bank of Australia [2008] FCA 1568; (2008) 171 FCR
462 ............................................................................................................................................... 3.350
Bovis Lend Lease v Wily [2003] NSWSC 467; (2003) 45 ACSR 612 ............ 10.210, 10.240, 20.245
Box Valley Pty Ltd v Kidd [2006] NSWCA 26; (2006) 24 ACLC 471 ............................ 1.65, 16.100
Boz One Pty Ltd v McLellan [2015] VSCA 68; (2015) 105 ACSR 325 ........ 18.195, 18.260, 18.265,
18.270
Bradbrook v Farrow Mortgage Services Pty Ltd [1994] FCA 896 ............................................... 3.320
Brash Holdings Ltd v Katile Pty Ltd [1996] 1 VR 24 .......................... 19.90, 19.350, 20.130, 20.165
Brashs Holdings Ltd v Shafir (1994) 14 ACSR 192 .................................................................... 19.185
Breen v Williams [1996] HCA 57; (1996) 186 CLR 71 ................................................ 10.240, 19.140
Brentwood Village Ltd, Re [2015] NSWSC 1342 ....................................................................... 15.185
Brian Rochford (admin apptd) Ltd v Textile Clothing & Footwear Union of NSW
(1998) 47 NSWLR 47 .............................................................................................................. 19.250
Brien v P&E Phontos Pty Ltd [1999] FCA 1072; (1999) 91 FCR 209 ........................................ 4.115
Briggs, Re (1986) 12 FCR 310 ....................................................................................................... 3.280
Briginshaw v Briginshaw (1938) 60 CLR 336 ............................................................................... 16.90
Brinhaven Pty Ltd v Roticil Pty Ltd (1988) 6 ACLC 503 .......................................................... 14.255
Brink, Re; Ex parte Commercial Banking Company of Sydney Ltd (1980) 44 FLR 135 .......... 3.310,
3.320
Britax Childcare Pty Ltd, Re [2016] FCA 848 ............................................................................ 20.255
British Eagle International Airlines v Compagnie Nationale Air France [1975] 2 All ER
390 ................................................................................................................................. 13.72, 20.180
British Investments, Re; Consolidated Entertainments Ltd v Taylor [1937] 4 All ER
432 ............................................................................................................................................. 18.430
British Investments & Development Co Pty Ltd, Re (1979) ACLC 32,100 ... 18.430, 18.440, 18.460,
18.550
Britten-Norman Pty Ltd v Analysis & Technology Australia Pty Ltd [2013] NSWCA
344 ............................................................................................................................................. 11.175
Brook v Reed [2011] EWCA Civ 331; [2011] 3 All ER 743 ........................................................ 2.205
Brooke v No 5 Lorac Avenue Pty Ltd (1994) 14 ACSR 717 ........................................................ 20.10
Brott v Grey [2000] FCA 1727 ................................................................................ 8.250, 8.285, 8.325
Brown v Carpet Design Group Pty Ltd [1994] FCA 1118; (1994) 50 FCR 526 ....................... 19.420
Brown v Mikulski [2016] FCA 1037 ................................................................................................ 5.75
Brown, Re [1987] FCA 236; (1987) 16 FCR 378 ......................................................................... 8.155
Browne v DCT [1998] FCA 187; (1998) 82 FCR 1 ......................................... 16.145, 16.150, 16.165
Table of Cases xxiii
Brunninghausen v Glavanics [1998] FCA 230 ............................................................................... 3.330

Bruton Holdings Pty Ltd v Commissioner of Taxation [2009] HCA 32; (2009) 239
CLR 346 ...................................................................................................................... 14.240, 14.260
Buccaneer Energy Ltd v Buccaneer [2014] FCA 711 .................................................................... 13.60
Buckland Products Pty Ltd v DCT [2003] VSCA 85 .................................................................... 13.25
Buere v Commonwealth Bank of Australia [2014] FCCA 164 ..................................................... 3.200
Bufalo v Official Trustee in Bankruptcy [2011] FCAFC 111 ........................................................ 6.315
Bulic v Commonwealth Bank of Australia Ltd [2007] FCA 307; (2007) ABC(NS) 122 .............. 7.65
Buloke Shire Council, Re [2005] FMCA 793 ................................................................................ 6.285
Bunbury Foods Pty Ltd v National Bank of Australasia Ltd (1984) 153 CLR 491 ..................... 18.85
Bunnings Forest Products Pty Ltd v Bullen [1994] FCA 1460; (1994) 53 FCR 438 ....... 8.120, 8.170
Burlock v Commissioner of Taxation [1994] FCA 1072; (1994) 49 FCR 522 ................. 8.105, 8.275
Burlock, Re [1993] FCA 424 .......................................................................................................... 8.105
Burnells Pty Ltd, Re [1979] Qd R 440; (1979) 4 ACLR 213 ........................................ 10.240, 10.440
Burns v Commissioner of Inland Revenue [2011] NZHC 1363 ................................................... 2.250
Burns v Stapleton (1959) 102 CLR 97 ............................................................................... 5.160, 5.175
Burns Philp Investment Pty Ltd v Dickens (No 2) (1993) 31 NSWLR 280 .............................. 10.460
Burns Philp Investments Pty Ltd v Dickens (1993) 11 ACLC 272 ............................................ 10.435
Burns and Geroff v Lorac Mining Pty Ltd (1985) 4 FCR 301 ..................................................... 8.200
Burrell v Connell [1998] FCA 829; (1998) 84 FCR 383 .............................................................. 3.385
Burt, Boulton & Hayward v Ball [1895] 1 QB 276 .................................................................... 18.425
Butterell v Docker Smith Pty Ltd (1999) 41 NSWLR 129 ......................................................... 10.335
Buzzle v Apple Computer [2007] NSWSC 930; [2007] 5 ABC (NS) 322 ................................... 6.465
Buzzle Operations Pty Ltd v Apple Computer Australia Pty Ltd [2010] NSWSC 233;
(2010) 77 ACSR 410 .................................................................................................................. 16.15
Buzzle Operations Pty Ltd v Apple Computer Australia Pty Ltd [2011] NSWCA 109;
(2011) 81 NSWLR 47 ............................................................. 14.135, 14.190, 14.220, 16.15, 21.50
Byron v Southern Star Pty Ltd [1997] FCA 151; (1997) 73 FCR 264 ........................... 3.260, 16.105
C&E Pty Ltd v CMC Brisbane Pty Ltd [2004] QSC 416; (2005) 51 ACSR 583 ...................... 20.255
C2C Investments Pty Ltd, Re [2012] NSWSC 1443 ................................................................... 11.310
CAC v Harvey [1980] VR 669 ..................................................................................................... 10.205
CBA v Robson [2013] FCA 1430 ................................................................................................... 8.235
CBA Corporate Services (NSW) Pty Ltd v Walker and Moloney, in the matter of ZYX
Learning Centres Ltd [2013] FCAFC 74; (2013) 212 FCR 444 ........ 10.90, 11.215, 14.40, 14.165
CGI Information Systems and Management Consultants Pty Ltd v APRA Consulting
Pty Ltd [2003] NSWSC 728; (2003) 47 ACSR 100 ............................................................... 11.165
CGU Workers Compensation (NSW) v Rockwall Interiors Pty Ltd (2006) 201 FLR
296 ............................................................................................................................................. 17.105
CK Nominees Australia Pty Ltd v Official Receiver (WA) [2007] FCAFC 118; (2007)
160 FCR 524 ................................................................................................................... 2.125, 6.225
CMI Industrial Pty Ltd, Re; Byrnes v CMI Ltd [2015] QSC 96; (2015) 105 ACSR 635 ........ 18.370,
18.465
CSR Ltd, Re [2010] FCAFC 34; (2010) 183 FCR 358 ............................................................... 20.125
CVC Investments Pty Ltd v PT Aviation (1989) 18 NSWLR 295; 7 ACLC 1218 ........... 1.90, 11.170
Caddy v McInnes [1995] FCA 1464; (1995) 58 FCR 570 ................................................. 5.270, 5.275
Calabretta v Redpen Developments Pty Ltd [2010] FCA 81; (2010) 183 FCR 47 ...................... 19.42
Calgary & Edmonton Land Co Ltd, Re [1975] 1 WLR 355 ......................................................... 17.10
Calia v Cicio [2010] FMCA 385 .................................................................................................... 7.170
Callegher v ASIC [2007] FCA 482; (2007) 218 FCR 81 ................................................... 17.85, 17.90
xxiv Table of Cases
Callender, Sykes and Co v Lagos Colonial Secretary and Davies [1891] AC 460 ......... 6.175, 15.425
Calverley v Green (1984) 155 CLR 242 ........................................................................................ 4.142
Cameron v Cole (1944) 68 CLR 571 ............................................................................................... 7.65
Camm v Linke Nominees Pty Ltd (2010) 190 FCR 193 ................................................................. 5.45
Campbell v Compagnie Générale de Bellegarde (1876) 2 Ch 181 ................................ 18.425, 18.620
Campbell v Metway Leasing Ltd [2002] FCAFC 394; (2002) 126 FCR 14 ................................ 4.115
Campbell Street Theatre Pty Ltd v Commercial Mortgage Trade Pty Ltd [2012]
NSWSC 669 ............................................................................................................................. 14.135
Campbells Cash & Carry Pty Ltd v Fostif Pty Ltd [2006] HCA 41; (2006) 229 CLR
386 ................................................................................................................................... 4.120, 6.430
Canadian Solar v ACN 138 535 832 Pty Ltd [2014] FCA 783 .................................................. 20.265
Canberra Advance Bank Ltd v Benny [1992] FCA 530; (1992) 38 FCR 427 .................. 18.70, 18.80
Cannuli Holdings Pty Ltd (in liq) (Court-appt’d receiver acting), In the matter of
[2017] NSWSC 1562 ............................................................................................................... 18.495
Cape v Redarb Pty Ltd [1992] FCA 31; (1992) 107 FLR 362 ................................................... 18.500
Cape Breton Company v Fenn (1881) 17 Ch D 198 ..................................................................... 13.75
Capel, Re (1994) 48 FCR 195 ........................................................................................................ 6.305
Capel, Re; Ex parte Caram Finance Australia Ltd [1998] FCA 372 ................................. 3.395, 3.420
Capita Financial Group Ltd v Rothwells Ltd (No 2) (1989) 7 ACLC 634 .................................. 13.55
Capital Finance Australia Ltd v Tolcher [2007] FCAFC 185; (2007) 164 FCR 83 ......... 14.75, 14.80,
14.95, 14.135
Capital General Corporation Ltd, Re [2001] VSC 570; (2001) 19 ACLC 848 .......................... 19.250
Cardinal Group Pty Ltd (in liq), Re [2015] NSWSC 1761 ......................................................... 10.455
Cardinia Nominees Pty Ltd, Re [2013] NSWSC 32 .................................................................... 14.270
Carello v Perrine Architecture Pty Ltd [2016] WASC 145 .......................................................... 14.120
Carpenter International Pty Ltd, Re [2016] VSC 118 .................................................................... 14.20
Carrafa v Doka Formwork Pty Ltd [2014] VSC 570; (2014) 104 ACSR 163 ............................. 13.70
Carson; Re Hastie Group Ltd [2012] FCA 626 ........................................................................... 19.300
Carson; Re Hastie Group Ltd (No 3) [2012] FCA 719 ............................................................... 19.170
Carter v New Tel Ltd [2003] NSWSC 128; (2003) 44 ACSR 661 ...... 11.215, 11.300, 13.10, 14.165,
14.265
Carton Ltd, Re (1923) 39 TLR 194; [1923] ALL ER Rep 622 ................................................... 10.460
Casali v Crisp [2001] NSWSC 860; (2001) 165 FLR 79 .............................................................. 17.85
Case of The Bankrupts, The (1592) 2 Co Rep 25; 76 ER 441 ....................................................... 2.25
Cassaniti v Alam [2006] FMCA 1320 ............................................................................................ 3.320
Caterpillar Financial Australia Ltd v Ovens Nominees Pty Ltd [2011] FCA 677 ........................ 14.15
Cavoli v Etl [2007] FCA 1191 ............................................................................................. 3.215, 3.330
Central Commodities Services Pty Ltd, Re [1984] 1 NSWLR 25 .............................................. 18.495
Central Queensland Development Corporation Pty Ltd v Sunstruct Pty Ltd [2015]
FCAFC 63; (2015) 231 FCR 17 .............................................................................................. 20.165
Central Queensland Earthmoving Pty Ltd, Re (1984) 2 ACLC 481 ............................................. 12.55
Central Spring Works Australia Pty Ltd, Re; Tubemakers of Australia Ltd v McLellan
[2000] VSC 144; (2000) 34 ACSR 164 .................................................................................. 19.150
Centro Properties Ltd, Re [2011] NSWSC 1465; (2011) 86 ACSR 584 .................................... 20.125
Cervantes Pty Ltd v Moutidis (2004) 212 ALR 619; [2004] FMCA 1023 ..................................... 8.75
Chadwick Industries (South Coast) Pty Ltd v Condensing Vaporisers Pty Ltd (1994) 13
ACSR 37 ...................................................................................................................... 11.155, 11.175
Chahwan v Euphoric Pty Ltd [2008] NSWCA 52; (2008) 227 FLR 43 ....................................... 13.25
Challen, Re [1996] FCA 1414 ............................................................................................. 2.240, 2.350
Chamberlain v Tilbrook [2017] FCA 1586 ..................................................................................... 5.275
Chapel House Colliery Co, Re (1883) 24 Ch D 259 ...................................................... 11.285, 11.295
Charleville Aboriginal Housing Co Ltd v Mercantile Credits Ltd (1989) 7 ACLC 355 .............. 18.90
Table of Cases xxv
Chase Manhattan Bank Australia Ltd v Oscty Pty Ltd (1995) 17 ACSR 128 ............................ 11.175
Chattis Nominees Pty Ltd v Norman Ross Homeworks Pty Ltd (1992) 28 NSWLR 338 ........ 18.335
Cheeseman v Waters (1997) 77 FCR 221 ...................................................................................... 6.250
Chesson v Smith [1992] FCA 64; (1992) 35 FCR 594 ................................................................. 3.320
Chicago Boot Co Pty Ltd v Davies [2011] SASCFC 92; (2011) 85 ACSR 309 ......... 14.205, 14.210,
14.215
Chief Commissioner of Stamp Duties v Paliflex Pty Ltd [1999] NSWSC 15; (1999) 17
ACLC 467 ................................................................................................................................. 11.100
Chief Commissioner of Stamp Duties v Paliflex Pty Ltd [1999] NSWSC 889; (1999)
47 NSWLR 382 ........................................................................................................................ 11.305
Chief Commissioner of State Revenue v Rafferty’s Resort Management Pty Ltd [2008]
NSWSC 452; (2008) 66 ACSR 199 ................................................ 10.100, 19.230, 19.395, 20.270
Chilia Properties Pty Ltd, Re (1997) 73 FCR 171 ....................................................................... 10.220
Chippendale Printing Co Pty Ltd v DCT (1995) 55 FCR 562 ....................................... 11.180, 11.190
Chow Cho Poon (Private) Ltd, Re [2011] NSWSC 300 .............................................................. 15.435
Citicorp Australia Ltd v Official Trustee in Bankruptcy (1996) 71 FCR 550 ................... 4.120, 6.305
City & Suburban v Smith [1998] FCA 822; (1998) 28 ACSR 328 ..................... 10.245, 15.35, 15.40
City Equitable Fire Insurance Co Ltd, Re [1925] Ch 407 ............................................................. 16.35
Civcrush Pty Ltd v Yeo & Co Pty Ltd (admin apptd) [2017] QSC 225 ..................................... 19.250
Civic Video Pty Ltd v Warburton [2013] FCA 934; (2013) 216 FCR 61 .................................... 3.405
Civitareale v Secretary, Department of Family and Community Services (1999) 57
ALD 451 ..................................................................................................................................... 7.160
Clamms Seafood Pty Ltd v Lowe Lippmann Pty Ltd [2015] VCAT 146 ................................... 19.225
Clapham v Commonwealth Bank of Australia [2013] FCAFC 84 ................................................ 3.410
Clasquin SA v AAR International Pty Ltd (1989) 7 ACLC 284 ................................................. 10.295
Classic Ceramic Importers (1994) 13 ACSR 263 ......................................................................... 11.175
Claughton v Charalamabous [1998] BPIR 558 .............................................................................. 4.132
Cleland and Teesdale Smith [1960] SASR 199 .............................................................................. 6.285
Clifton v CSR Building Products Pty Ltd [2011] SASC 103 ...................................................... 14.120
Clifton v Kerry J Investment Pty Ltd trading as Clenergy [2017] FCA 1379 ................................ 1.55
Clonan, Re (1963) 20 ABC 245 ...................................................................................................... 8.235
Clout v Anscor Pty Ltd (2003) 1 ABC (NS) 44 ............................................................................. 4.110
Clout v Markwell [2001] QSC 91; (2001) 1 ABC (NS) 177 ............................................. 4.110, 4.142
Clout v Sing [2005] FCA 1058; 3 ABC (NS) 121 ............................................................. 5.220, 5.230
Club Mediterranean Pty Ltd, Re (1975) 11 SASR 481 ................................................................. 12.35
Club Superstores Australia Pty Ltd, Re (1993) 11 ACLC 751; 10 ACSR 730 ............. 10.210, 19.140
Clutha Ltd v Millar (No 5) [2002] NSWSC 833; (2002) 43 ACSR 295 .................................... 10.325
Clyne v DCT (1984) 154 CLR 589 ......................................................................... 3.125, 3.200, 4.145
Clyne v DCT [1985] FCA 3; (1985) 5 FCR 1 ............................................................................... 3.400
Co-operative Farmers’ & Graziers’ Direct Meat Supply Ltd v Smart [1977] VR 386 .............. 18.205
Coad v Wellness Pursuit Pty Ltd [2009] WASCA 68; (2009) 40 WAR 53 ................................ 19.230
Coates, Re [1993] FCA 14 .............................................................................................................. 8.105
Coates Hire Operations Pty Ltd v D-Link Homes Pty Ltd [2011] NSWSC 1279 ......................... 1.70
Coates Hire Operations Pty Ltd v McNaughton [2006] NSWSC 841; (2006) 24 ACLC
765 ............................................................................................................................................... 19.85
Coats v Southern Cross Airlines Holdings Ltd [2000] 1 Qd R 84 .............................................. 10.345
Cobar Mines Pty Ltd, Re (1998) 30 ACSR 125 ............................................................................ 19.35
Cobbs Hill (Tasmania) Meat Supplies Pty Ltd v El Moustafa [1998] FCA 838; (1998)
83 FCR 403 ................................................................................................................................ 8.100
Codisco Pty Ltd, Re [1974] CLC 40-126 ....................................................................................... 12.65
Cole v Challenge Bank Ltd [2002] FCAFC 200 ............................................................................ 4.115
Coleman v Lazy Days Investments Pty Ltd [1994] FCA 1442 ..................................................... 3.430
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XXVII
When we hear of any base or shocking action or character, we
think the better of ourselves; instead of which, we ought to think the
worse. It strikes at the grounds of our faith in human nature. The
reflection of the old divine was wiser on seeing a reprobate—‘There
goes my wicked self!’
XXVIII
Over-civility generally ends in impertinence; for as it proceeds
from design, and not from any kindness or respect, it ceases with its
object.
XXIX
I am acquainted with but one person, of whom I feel quite sure
that if he were to meet an old and tried friend in the street, he would
go up and speak to him in the same manner, whether in the interim
he had become a lord or a beggar. Upon reflection, I may add a
second to the list. Such is my estimate of the permanence and
sincerity of our most boasted virtues. ‘To be honest as this world
goes, is to be one man picked out of ten thousand.’
XXX
It has been said that family attachments are the only ones that
stand the test of adversity, because the disgrace or misfortune is
there in some measure reflected upon ourselves. A friend is no longer
a friend, provided we choose to pick a quarrel with him; but we
cannot so easily cut the link of relationship asunder. We therefore
relieve the distresses of our near relations, or get them out of the
way, lest they should shame us. But the sentiment is unnatural, and
therefore must be untrue.
XXXI
L—— said of some monkeys at a fair, that we were ashamed of
their resemblance to ourselves on the same principle that we avoided
poor relations.
XXXII
Servants and others who consult only their ease and convenience,
give a great deal of trouble by their carelessness and profligacy; those
who take a pride in their work often carry it to excess, and plague you
with constant advice and interference. Their duty gets so much a-
head in their imagination, that it becomes their master, and your’s
too.
XXXIII
There are persons who are never easy unless they are putting your
books or papers in order, that is, according to their notions of the
matter; and hide things lest they should be lost, where neither the
owner nor any body else can find them. This is a sort of magpie
faculty. If any thing is left where you want it, it is called making a
litter. There is a pedantry in housewifery as in the gravest concerns.
Abraham Tucker complained that whenever his maid servant had
been in his library, he could not set comfortably to work again for
several days.
XXXIV
True misanthropy consists not in pointing out the faults and follies
of men, but in encouraging them in the pursuit. They who wish well
to their fellow-creatures are angry at their vices and sore at their
mishaps; he who flatters their errors and smiles at their ruin is their
worst enemy. But men like the sycophant better than the plain-
dealer, because they prefer their passions to their reason, and even to
their interest.
XXXV
I am not very patriotic in my notions, nor prejudiced in favour of
my own countrymen; and one reason is, I wish to have as good an
opinion as I can of human nature in general. If we are the paragons
that some people would make us out, what must the rest of the world
be? If we monopolize all the sense and virtue on the face of the globe,
we ‘leave others poor indeed,’ without having a very great
superabundance falling to our own share. Let them have a few
advantages that we have not—grapes and the sun!
XXXVI
When the Persian ambassador was at Edinburgh, an old
Presbyterian lady, more full of zeal than discretion, fell upon him for
his idolatrous belief, and said ‘I hear you worship the sun!’—‘In faith,
Madam,’ he replied, ‘and so would you too if you had ever seen him!’
XXXVII
‘To be direct and honest is not safe,’ says Iago. Shakspeare has
here defined the nature of honesty, which seems to consist in the
absence of any indirect or sinister bias. The honest man looks at and
decides upon an object as it is in itself, without a view to
consequences, and as if he himself were entirely out of the question;
the prudent man considers only what others will think of it; the
knave, how he can turn it to his own advantage or another’s
detriment, which he likes better. His straightforward simplicity of
character is the reverse of what is understood by the phrase, a man
of the world: an honest man is independent of and abstracted from
material ties. This character is owing chiefly to strong natural feeling
and a love of right, partly to pride and obstinacy, and a want of
discursiveness of imagination. It is not well to be too witty or too
wise. In many circles (not including the night-cellar or a mess-table)
a clever fellow means a rogue. According to the French proverb,
‘Tout homme reflechi est méchant.’ Your honest man often is, and is
always set down as no better than an ass.
XXXVIII
A person who does not tell lies will not believe that others tell
them. From old habit, he cannot break the connection between
words and things. This is to labour under a great disadvantage in his
transactions with men of the world: it is playing against sharpers
with loaded dice. The secret of plausibility and success is point-blanc
lying. The advantage which men of business have over the dreamers
and sleep-walkers is not in knowing the exact state of a case, but in
telling you with a grave face what it is not, to suit their own purposes.
This is one obvious reason why students and book-worms are so
often reduced to their last legs. Education (which is a study and
discipline of abstract truth) is a diversion to the instinct of lying and
a bar to fortune.
XXXIX
Those who get their money as wits, spend it like fools.
XL
It is not true that authors, artists, &c., are uniformly ill-paid; they
are often improvident, and look upon an income as an estate. A
literary man who has made even five or six hundred a-year for a
length of time has only himself to blame if he has none of it left (a
tradesman with the same annual profits would have been rich or
independent); an artist who breaks for ten thousand pounds cannot
surely lament the want of patronage. A sieve might as well petition
against a dry season. Persons of talent and reputation do not make
money, because they do not keep it; and they do not keep it, because
they do not care about it till they feel the want of it—and then the
public stop payment. The prudent and careful, even among players,
lay by fortunes.
XLI
In general, however, it is not to be expected that those should grow
rich by a special Providence, whose first and last object is by every
means and at every sacrifice to grow famous. Vanity and avarice have
different goals and travel different roads. The man of genius
produces that which others admire: the man of business that which
they will buy. If the poet is delighted with the ideas of certain things,
the reader is equally satisfied with the idea of them too. The man of
genius does that which no one else but himself can do: the man of
business gets his wealth from the joint mechanical drudgery of all
whom he has the means to employ. Trade is the Briareus that works
with a hundred hands. A popular author grew rich, because he
seemed to have a hundred hands to write with: but he wanted
another hand to say to his well-got gains, ‘Come, let me clutch thee.’
Nollekens made a fortune (how he saved it we know) by having
blocks of marble to turn into sharp-looking busts (which required a
capital), and by hiring a number of people to hack and hew them into
shape. Sir Joshua made more money than West or Barry, partly
because he was a better painter, partly because gentlemen like their
own portraits better than those of prophet or apostle, saint or hero.
What the individual wants, he will pay the highest price for: what is
done for the public the State must pay for. How if they will not? The
historical painter cannot make them; and if he persists in the
attempt, must be contented to fall a martyr to it. It is some glory to
fail in great designs; and some punishment is due to having rashly or
presumptuously embarked in them.
XLII
It is some comfort to starve on a name: it is something to be a poor
gentleman; and your man of letters ‘writes himself armigero, in any
bond, warrant, or quittance.’ In fixing on a profession for a child, it is
a consideration not to place him in one in which he may not be
thought good enough to sit down in any company. Miserable mortals
that we are! If you make a lawyer of him, he may become Lord
Chancellor; and then all his posterity are lords. How cheap and yet
acceptable a thing is nobility in this country! It does not date from
Adam or the conquest. We need not laugh at Buonaparte’s
mushroom peers, who were something like Charlemagne’s or the
knights of King Arthur’s round table.
XLIII
We talk of the march of intellect, as if it only unfolded the
knowledge of good: the knowledge of evil, which communicates with
twenty times the rapidity, is never once hinted at. Eve’s apple, the
torch of Prometheus, and Pandora’s box, are discarded as childish
fables by our wise moderns.
XLIV
As I write this, I hear out of the window a man beating his wife and
calling her names. Is this what is meant by good-nature and
domestic comfort? Or is it that we have so little of these, ordinarily
speaking, that we are astonished at the smallest instances of them;
and have never done lauding ourselves for the exclusive possession
of them?
XLV
A man should never marry beneath his own rank in life—for love.
It shews goodness of heart, but want of consideration; and the very
generosity of purpose will defeat itself. She may please him and be
every way qualified to make him happy: but what will others think?
Can he with equal certainty of the issue introduce her to his friends
and family? If not, nothing is done; for marriage is an artificial
institution, and a wife a part of the machinery of society. We are not
in a state of nature, to be quite free and unshackled to follow our
spontaneous impulses. Nothing can reconcile the difficulty but a
woman’s being a paragon of wit or beauty; but every man fancies his
Dulcinea a paragon of wit or beauty. Without this, he will only (with
the best intentions in the world) have entailed chagrin and
mortification both on himself and her; and she will be as much
excluded from society as if he had made her his mistress instead of
his wife. She must either mope at home, or tie him to her apron-
string; and he will drag a clog and a load through life, if he be not
saddled with a scold and a tyrant to boot.
XLVI
I believe in the theoretical benevolence, and practical malignity of
man.

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(Original PDF) Modern Corporate Finance Theory and

Mr Fisher reminds us of the focus on corporate restructuring in the Harmer Report, in

PART I: INTRODUCTION ................................................................................................ 1

PART II: PERSONAL INSOLVENCY – BANKRUPTCY ARRANGEMENTS FOR

PART III: PERSONAL INSOLVENCY – NON-BANKRUPTCY ARRANGEMENTS

PART IV: CORPORATE INSOLVENCY – LIQUIDATION ..................................... 377

PART V: CORPORATE INSOLVENCY – NON-LIQUIDATION

Index ................................................................................................................................... 919

AFSA Australian Financial Security Authority

Innovation The National Innovation & Science Agenda, December 2015

AAA Financial Intelligence Ltd, Re [2014] NSWSC 1004 ......................................................... 10.460

Brunninghausen v Glavanics [1998] FCA 230 ............................................................................... 3.330

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