Australia

Badenoch Integrated Logging Pty Ltd v Bryant

[2021] FCAFC 64

JurisdictionAustralia

CourtFull Federal Court of Australia

Year2021

Statusunclear

Key Principle

Full Federal Court stage of the Badenoch preference litigation ([2021] FCAFC 64): held the peak indebtedness rule is not available under s 588FA(3); the running account is assessed over the continuing business relationship. Upheld by the High Court in Bryant v Badenoch Integrated Logging Pty Ltd (2023) 278 CLR 99.

Area of Law

insolvency

Related Cases

Stubbings v Jams 2 International Pty Ltd (2022) 399 ALR 409

Stubbings v Jams 2 Pty Ltd (2022) 276 CLR 233

CGU Insurance Ltd v Blakeley (2016) 259 CLR 339

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