Official Assignee in Bankruptcy of Gollan v Galvin

Case

[2016] NZHC 2145

9 September 2016

No judgment structure available for this case.

IN THE HIGH COURT OF NEW ZEALAND HAMILTON REGISTRY

CIV 2015-419-388 [2016] NZHC 2145

BETWEEN

THE OFFICIAL ASSIGNEE IN

BANKRUPTCY OF THE PROPERTY OF JAMES PATRICK GOLLAN

Plaintiff

AND

FRANCES MARGARET GALVIN AND ALLAN PAUL GOLLAN AS TRUSTEES AND EXECUTORS OF THE

DECEASED ESTATE OF PHILLIP FRANK GOLLAN

First Defendants

FRANCES MARGARET GALVIN AND ALLAN PAUL GOLLAN AS TRUSTEES AND EXECUTORS OF THE

DECEASED ESTATE OF CORAL ROSEMARY GOLLAN

Second Defendants

Hearing: 1 September 2016

Counsel:

G Caro for the Plaintiff
R P Sutton for the First & Second Defendants

Judgment:

9 September 2016

JUDGMENT OF DUFFY J

This judgment was delivered by me on 9 September 2016 at 3.00 pm pursuant to

Rule 11.5 of the High Court Rules.

Registrar/ Deputy Registrar

Solicitors / Counsel: Cooney Law, Cambridge

Ministry of Business, Innovation & Employment, Auckland

R P Sutton, Barrister, Hamilton

OFFICIAL ASSIGNEE v GALVIN AND GOLLAN [2016] NZHC 2145 [9 September 2016]

[1]      The Official Assignee (the Assignee) seeks orders of the Court by way of formal  proof.    At  the  formal  proof  hearing,  counsel  for  the  first  and  second defendants appeared before the Court as a matter of courtesy.

[2]      The   proceeding   was   commenced   by   the   Assignee   in   two   separate bankruptcies against the executors of two separate deceased estates, namely the deceased  estate  of  Phillip  Frank  Gollan  who  died  in  October  1999  (the  first defendant) and the deceased estate of Coral Rosemary Gollan (the second defendant) who died in June 2006.  The deceased were husband and wife.  One of their children is  James  Patrick  Gollan.    He  has  been  adjudicated  bankrupt  on  a  number  of occasions.   Two such occasions coincide with Mr Gollan having acquired rights under his father’s deceased estate and his mother’s deceased estate.  The Assignee claims that those rights vested in the Assignee on the occasions of Mr Gollan’s bankruptcy.

[3]      The Assignee has reached a measure of agreement with the first and second defendants.  The defendants have paid monies from the respective deceased estates to the Assignee.  The Assignee is presently holding those funds undispersed pending orders from this Court declaring that the interest of Mr Gollan in the two deceased estates has vested in the Assignee.  If the orders are made, the defendants will also pay any balance of Mr Gollan’s interest in the respective deceased estates to the Assignee in the respective bankruptcies no later than 31 January 2017.

[4]      The orders as sought by the Assignee do not form part of the prayer for relief in the statement of claim.  At the formal proof hearing I allowed the amendment of the prayer for relief in the statement of claim to include the following:

The Assignee seeks the following declarations:

1.The interest of James Patrick Gollan in the deceased estate of Phillip Frank Gollan vests in the Official Assignee in the bankruptcy of James Patrick Gollan that commenced on 4 December 2000.

2.The interest of James Patrick Gollan in the deceased estate of Coral Rosemary Gollan vests in the Official Assignee in the bankruptcy of James Patrick Gollan that commenced on 9 March 2012.

[5]      The remainder of the relief sought in the prayer for relief in the statement of claim is no longer pursued.

[6]      Counsel for the first and second defendants did not oppose the prayer for relief in the statement of claim being amended in the way that I have outlined.

[7]      The  trustees  of  the  Gollan  Family  Trust,  a  family  trust  connected  to Mr Gollan, were directed to  be served  with  the proceeding.   This  was  because Mr Gollan had advised the Assignee at one point that he had transferred his interest in the respective deceased estates to the Gollan Family Trust.  The Assignee does not accept that such transfer occurred.  Nonetheless, in accordance with the directions made by this Court, the trustees of the Gollan Family Trust were served with the proceeding in December 2015.

[8]      An affidavit on the Court file from Stephen Anthony West, process server, deposes that on 18 December 2015 he served the following documents on Mr Gollan and his wife, Veronica Patricia Gollan, as trustees of the Gollan Family Trust:

(a)       the statement of claim; (b)        the notice of proceeding;

(c)       the  affidavits  of  Charles  Tatham  Jones,  Leslie  Graham Alexander

Currie (the Assignee) and Marie Joy King;

(d)      the without notice application for directions as to service;

(e)       the  memorandum  of  counsel  for  the  Assignee  in  support  of  the without notice application for directions as to service; and

(f)       a  copy  of  the  interlocutory  order  directing  service  on  the  Gollan family trustees.

[9]      Since being served with copies of the proceeding, the trustees of the Gollan

Family Trust have taken no steps in this proceeding.

[10]     In view of the stance taken by counsel for the first and second defendants and the absence of any action by the trustees of the Gollan Family Trust, I consider it appropriate that the proceeding be dealt with by way of formal proof.

[11]     The affidavit of the Assignee confirms that Mr Gollan’s father (Phillip Frank Gollan) died on or about 3 October 1999.  Further, that Mr Gollan was adjudicated bankrupt on 4 December 2000.   The will of Phillip Frank Gollan provided for allocation of a one tenth share of the residuary of the testator’s residuary estate to Mr Gollan after $25,000 of that share was paid to Ian Robert Gollan.

[12]     The  bankruptcy  that  commenced  on  4  December  2000  was  under  the Insolvency Act 1967 (the 1967 Act).  Subject to certain limited exceptions (none of which are relevant to this proceeding) on adjudication, all of a bankrupt’s property passes to the Assignee.  Section 42(2) of the 1967 Act provides:

Subject to the provisions of subsection 3 of this section, and subject to the provisions of sections 47, 48, 49, 50 and 59 of this Act, the property and powers of the bankrupt to vest in the Assignee and be divisible amongst his creditors shall comprise the following:

(a)       All property whatsoever and wheresoever situated belonging to or vested in the bankrupt at the commencement of the bankruptcy, or acquired by or devolving upon him before his discharge;

(b)       The capacity to exercise and to take proceedings for exercising all such powers in or over or in respect of any property whatsoever and wheresoever situated as might have been exercised by the bankrupt for  his  own  benefit  at  the  commencement  of  the  bankruptcy  or before his discharge.

[13]     Property is defined in the 1967 Act to include things in action.1

[14]     An interest that a testator or testatrix intends to give by will does not come into existence until the death of that person.  On that event, the estate of a deceased person   vests   in   the   administrator   to   whom   the   administration   is   granted. Beneficiaries under the will acquire no property interest in the estate until the administration is complete.  Pending completion of the administration, a beneficiary acquires a thing in action to compel due administration of the estate.

[15]     At the time of Mr Gollan’s adjudication, the administration of his father’s estate was not complete.   It follows that at the time of adjudication Mr Gollan possessed  an  interest  in  the  form  of  a  thing  in  action,  namely  the  right  as  a beneficiary of his father’s estate to require the estate to be duly administered, which on adjudication vested in the Assignee.2

[16]     Mr Gollan’s subsequent discharge from this bankruptcy did not have the

effect of re-vesting in him the thing in action.3

[17]     Therefore, the Assignee is the person in whom the interest of Mr Gollan in the deceased estate of Phillip Frank Gollan is vested.

[18]     The affidavit of the Assignee confirms that Mr Gollan’s mother died on or about 24 June 2006.  Her last will and testament was dated 17 May 2006.  Probate was granted on 24 July 2006.   Mr Gollan was adjudicated bankrupt on 19 March

2012.  The bankruptcy was under the Insolvency Act 2006 (the 2006 Act).  The will of the late Coral Rosemary Gollan provided for allocation of a one tenth share of the residuary estate to Mr Gollan.  Under the 2006 Act, property has a broad definition which includes “rights, interests, and claims of every kind in relation to property however they arise.”4

[19]     Section 101 of the 2006 Act has substantially the same effect as s 42(2) of the

1967 Act.  Thus, on adjudication under the 2006 Act, all of the bankrupt’s property

passes to the Assignee.  Section 101 (equivalent of s 42(2)) provides:

101     Status of bankrupt’s property on adjudication

(1)      On adjudication,—

(a)       all property (whether in or outside New Zealand) belonging to  the  bankrupt  or  vested  in  the  bankrupt  vests  in  the Assignee without the Assignee having to intervene or take any other step in relation to the property, and any rights of the bankrupt in the property are extinguished; and

2      See Re Cameron (1987) 9 NZTC 6,187.

3      See Official Assignee v 15 Insoll Avenue Ltd [2001] 2 NZLR 492 (HC) at [500]. Mr Gollan was discharged from his December 2000 bankruptcy on December 2006.

(b)       the powers that the bankrupt could have exercised in, over, or in respect of any property (whether in or outside New Zealand)   for   the   bankrupt’s   own   benefit   vest   in   the Assignee.

[20]     In Official Assignee v Trustees Executors Ltd Ronald Young J discussed the differences in the wording of the definitions of “property” under the 1967 Act and the 2006 Act.5 He said:

[34]      The definitions of “property” in the two enactments do use different words but both define “property” in the broadest possible way.  …

...

[37]     The  different  definitions  primarily  illustrate  the  differences  in drafting styles between 1967 and 2006.  The 1967 definition relied partly on an attempt to specify what constituted “property” for example, land, money, goods and things in action.

[38]     The  2006  definition  relies  upon  the  phrase  “property”  means “property of very kind”.  The rest of the 2006 definition retains that broad flavour.  In contrast with the 1967 definition, the 2006 definition does not specifically mention “things in action” as property.   Yet there can be no doubt that “things in action” comes within the 2006 definition of “property of every kind”.   Finally, as the Assignee pointed out in its submissions, if Parliament had intended to significantly change the definition of property (a matter of considerable importance in the Insolvency Act 2006) then some comment in the Parliament debate would be expected.  There was no such comment in the debates.

[21]     Ronald Young J’s decision in Official Assignee v Trustees Executors Ltd was overruled on appeal, but not in relation to the finding that the definition of property in the 2006 Act was a broad definition that encompassed things in action.

[22]     I  accept  the  Assignee’s  submission  that,  in  substance,  the  meaning  of “property” has not changed from the 1967 Act to the 2006 Act.  Under the 2006 Act, on his adjudication all of Mr Gollan’s property vested in the Assignee.   Thus, the interest Mr Gollan was left under the will of Coral Rosemary Gollan has now vested in  the Assignee  following  the  bankruptcy  that  commenced  on  19  March  2012. Therefore, the interest Mr Gollan once had in the deceased estate of Coral Rosemary Gollan is now vested in the Assignee.

[23]     I am satisfied therefore that I should make the declarations the Assignee seeks.  I declare that:

1.The interest of James Patrick Gollan in the deceased estate of Phillip Frank  Gollan  vests  in  the  Official Assignee  in  the  bankruptcy of James Patrick Gollan that commenced on 4 December 2000 and remains vested in the Official Assignee.

2.The interest of James Patrick Gollan in the deceased estate of Coral Rosemary Gollan vested in the Official Assignee in the bankruptcy of James Patrick Gollan that commenced on 19 March 2012 and remains so vested.

Duffy J

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