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Bell Group Ltd (in liq) v Westpac Banking Corp (No 9)

(2008) 39 WAR 1
JurisdictionAustralia
Year2008
Statusunclear

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

Stubbings v Jams 2 International Pty Ltd (2022) 399 ALR 409
Stubbings v Jams 2 Pty Ltd (2022) 276 CLR 233
Badenoch Integrated Logging Pty Ltd v Bryant [2021] FCAFC 64

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