Re Lawless, M.J. Ex Parte Brown, G.E

Case

[1993] FCA 61

3 Feb 1993


JUDGMENT NO. ........ ........ .. 6[ 11773 ... . ......

IN THE FEDERAL COURT OF AUSTRALIA
GENERAL DIVISION BANRUPTCY DISTRICT

OF THE STATE OF OUEENSLAND

No. X84 of L992

RE: MATTHEW JAMES LAWLESS

Debtor

EX PARTE: GRAHAME ELLMAN BROWN

No. P 1961 of 1992

RE: MATTHEW JAMES LAWLESS

MINUTES OF ORDER

JUDGE MAKING ORDER:  Cooper J.
WHERE W E :  Brisbane
DATE OF ORDER:  3 February, 1993
THE COURT ORDERS 

1.        That the deed of composition entered into by Matthew James Lawless on 17 July, 1992 be terminated.

  1. That a sequestration order be made against the estate of the debtor Matthew James Lawless, and that Robert Thomas Adcock be appointed trustee in bankruptcy of the debtor's estate.

3.        That the applicant's costs of and incidental to the application be taxed and be paid as the trustee's costs of and incidental to the administration of the deed, up until the making of this order terminating the deed of composition, and that such costs as trustees costs receive the priority provided for in

5 . 5
section 190(1) of the Bankru~tcv Act.

In relation to the debtor's petition referred by the Deputy Registrar in proceedings QP2961 of 1992, I DIRECT that the Registrar reject the debtor's petition.

Note:  Settlement and entry of orders is dealt with in Rule
124 of the Bankrup3cy Rules.  n

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IN THE FEDERAL COURT OF AUSTRALIA
GENERAL DIVISION BANRUPTCY DISTRICT

OF THE STATE OF OUEENSLAND

No. X84 of 1992

RE: MATTHEW JAMES LAWLESS

Debtor

EX PARTE: GRAHAME ELLMAN BROWN

Applicant

No. P 1961 of 1992

RE: MATTHEW JAMES LAWLESS

CORM : Cooper J.
PLACE  Brisbane
m:  3 February, 1993

EXTEMPORE REASONS FOR JUDGMENT

This is an application by Graham Brown, trustee of the estate of Matthew Lawless, pursuant to section 242 of the Bankru~tcv Act for an order that a deed of composition entered into by Mr. Lawless on 17 July, 1992 be terminated and that a sequestration order be made against the estate of Mr. Lawless.

Mr. Lawless appears today and indeed has presented his own debtor's petition, which has also been referred to me by the Registrar. Mr. Lawless advises me that he is not in the position to continue to make the payments contemplated by the deed of composition. In the material which has been filed by the trustee he deposes to the fact there has been default in relation to the payments contemplated by the composition.

Accordingly, the circumstances are made out which would enliven the jurisdiction of the court to make an order if it were so minded. The material discloses that there has been no distribution of any sums paid to the trustee by M r . Lawless to any creditor at this time.

It seems to me in all the circumstances that the interests of the creditors will not be disadvantaged by the making of the orders sought. Indeed it would seem that their interests are best protected by having the estate of Mr. Lawless sequestrated and dealt with by a trustee in bankruptcy.

THE COURT ORDERS :

  1. That the deed of composition entered into by Matthew James Lawless on 17 July, 1992 be terminated.

2.         That a sequestration order be made against the estate of the debtor Matthew James Lawless, and that Robert Thomas Adcock be appointed trustee in bankruptcy of the debtor's estate.

3.

That the applicant's costs of and incidental to the application be taxed and be paid as the trustee's costs of and incidental to the administration of the deed, up until the making of this order terminating the deed of composition, and that such costs as trustees costs receive the priority provided for in section 190(1) of the Bankruotcv Act.

In relation to the debtor's petition referred by the

Deputy Registrar in proceedings QP2961 of 1992, I DIRECT that the Registrar reject the debtor's petition.

I certify that this and the two (2) preceding pages are a true copy of the reasons for judgment herein of the Honourable Mr. Justice Cooper.

Date :  22 February, 1993
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Associate

Applicant in Person:  Mr. Lawless
Solicitor for Respondent:  Mr. D.G. Bourke of Baker &
Co. (for Brown)
Hearing Date:  3 February, 1993
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