Lion Finance Pty Ltd v Blake

Lion Finance Pty Ltd sought to review a Registrar's decision to make a sequestration order against the respondent, Mr Blake. The application for review was heard by Judge Burnett in the Federal Court of Australia.

The primary legal issues before the Court were whether Mr Blake had demonstrated that he was solvent, or alternatively, whether there was any other sufficient cause why a sequestration order ought not to be made, pursuant to section 52(2) of the *Bankruptcy Act 1966* (Cth).

Judge Burnett dismissed the application for review, affirming the Registrar's sequestration order. His Honour found that Mr Blake had failed to demonstrate solvency. Furthermore, no other sufficient cause was established to prevent the making of the sequestration order. Consequently, the sequestration order was affirmed, and costs were awarded to Lion Finance Pty Ltd.