FEDERAL COURT OF AUSTRALIA
Talacko v Talacko [2011] FCA 326
Citation: Talacko v Talacko [2011] FCA 326 Parties: HELENA MARIE TALACKO, ALEXANDRA ANN BENNETT, MARTIN THORNBURN JAN TALACKO, ROWENA KIRSTEN EVE TALACKO AND MARGARET HELEN BEATRICE TALACKO v JAN EMIL TALACKO File number: VID 201 of 2010 Judge: NORTH J Date of judgment: 11 March 2011 Date of hearing: 11 March 2011 Place: Melbourne Division: GENERAL DIVISION Category: No Catchwords Number of paragraphs: 8 Counsel for the Applicant: Mr G Bigmore QC with Mr S Howells and Mr P Fary Solicitor for the Applicant: Holding Redlich Counsel for the Respondent: Mr D Williams SC Solicitor for the Respondent: Findlay Arthur Phillips
IN THE FEDERAL COURT OF AUSTRALIA
VICTORIA DISTRICT REGISTRY
GENERAL DIVISION
VID 201 of 2010
BETWEEN: HELENA MARIE TALACKO, ALEXANDRA ANN BENNETT, MARTIN THORNBURN JAN TALACKO, ROWENA KIRSTEN EVE TALACKO AND MARGARET HELEN BEATRICE TALACKO
ApplicantsAND: JAN EMIL TALACKO
Respondent
JUDGE:
NORTH J
DATE OF ORDER:
11 MARCH 2011
WHERE MADE:
MELBOURNE
THE COURT ORDERS THAT:
1.The application made by the respondent debtor on 11 March 2011 is dismissed with costs.
Note:Settlement and entry of orders is dealt with in Order 36 of the Federal Court Rules.
The text of entered orders can be located using Federal Law Search on the Court’s website.
IN THE FEDERAL COURT OF AUSTRALIA
VICTORIA DISTRICT REGISTRY
GENERAL DIVISION
VID 201 of 2010
BETWEEN: HELENA MARIE TALACKO, ALEXANDRA ANN BENNETT, MARTIN THORNBURN JAN TALACKO, ROWENA KIRSTEN EVE TALACKO AND MARGARET HELEN BEATRICE TALACKO
ApplicantsAND: JAN EMIL TALACKO
Respondent
JUDGE:
NORTH J
DATE:
11 MARCH 2011
PLACE:
MELBOURNE
REASONS FOR JUDGMENT
On 11 December 2009, the applicants, who are the respondents to the present interim application and who will be referred to as the applicants, obtained judgment for over $7 million in the Supreme Court of Victoria against the respondent, Mr Jan Emil Talacko (Mr Talacko). On the basis of that judgment the applicants served bankruptcy notices on Mr Talacko. On 25 March 2010, the applicants filed this proceeding seeking final orders under ss 30 and 50 of the Bankruptcy Act 1966 (Cth). That application also sought interim orders in similar terms requiring Mr Talacko to deliver up his passport and not attend any point of international departure from Australia until the hearing of the final application. As a result of orders made by the Court or undertakings given to the Court, Mr Talacko has delivered up his passport to the custody of his solicitor and has been restrained from travelling outside of Australia.
On 11 March 2011, Mr Talacko made the present application for orders which would provide the return of his passport and allow him to travel outside of Australia for one month from the date of the order.
Mr Talacko wishes the restriction on his travel to be removed temporarily because he has been summonsed by the District Court in Svidnik, Slovakia, to attend hearings of two cases. Both cases concern land in Slovakia, one of the assets of Mr…
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- Talacko v Talacko [2011] FCA 326
- Case
- [2011] FCA 326
- Decision Date
CaseChat Overview and Summary
The primary legal issue the court had to resolve was whether the promise made by the respondent, who was the debtor, to the applicant, who was the creditor, was supported by consideration. Consideration refers to something of value that is exchanged between parties as a condition for the enforceability of a contract. The court had to examine if the promise made by the respondent to the applicant was accompanied by a reciprocal promise or action from the applicant that constituted valid consideration.
The court determined that the agreement in question did not contain valid consideration. It found that the promise made by the respondent was a gratuitous promise, meaning it was not supported by any exchange of value from the applicant. Consequently, the court held that the agreement was not legally enforceable. The court emphasised that for a personal agreement to be binding, there must be a mutual exchange of consideration, which was absent in this case. Given this finding, the application made by the respondent was dismissed, and the court ordered the respondent to pay the applicant's costs.
Orders
Orders of the court
1. The application made by the respondent debtor on 11 March 2011 is dismissed with costs.
Note:
Background
Background to the litigation
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Evidence
Evidence Before The Court
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Decision
Reasons for decision
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Ratio Decidendi
Legal Principle Established
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