Michael Murray is an Australian author and commentator on corporate and personal insolvency law and related issues, in Australia and internationally. He has a strong law and policy background, is independent of any connections, and his views are his own. He gives no legal advice.
This is a free access website containing various on-going commentary about a range of issues in law, legal policy and reform, with some particular emphasis on corporate and personal insolvency, professional regulation, technology, ethics, law reform and the courts and the legislature.
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The Culleton bankruptcy – part 3 – the appeal – decision reserved
On 27 January 2017, the Full Federal Court reserved its decision. It is to be given this week, on a date to be advised. The stay order was continued for up to 24 hours after then.
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The Federal Court has expedited the hearing of Mr Culleton’s bankruptcy appeal, to Friday 27 January 2017, in Perth. The appeal judges are Chief Justice James Allsop, Justice John Dowsett and Justice Anthony Besanko.
A long series of orders made by the Chief Justice on 19 January provide that:
Having re-read the decision of Justice Barker, Murrays Legal does not like Mr Culleton’s prospects, though we have not seen the notice of appeal, or the submissions.
We speculate whether the prompt hearing of the appeal has anything to do with the need to clear the scene for the Court of Disputed Returns to then give its decision.
The Official Trustee in Bankruptcy is the trustee of Mr Culleton’s estate. Given the bankruptcy is stayed, its role is limited, pending the outcome of 27 January.
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