← All Authorities
Australia
Bell Group Ltd (in liq) v Westpac Banking Corp (No 9)
(2008) 39 WAR 1
Key Principle
The WASC held that transactions between the Bell Group companies and their banks were uncommercial transactions and unfair preferences under the Corporations Act; directors who permitted the transactions breached their duties to consider creditors' interests.
Area of Law
insolvency
Related Cases