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Australia directors dutiesconstructive trustbarnes v addy

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

(2008) 39 WAR 1
JurisdictionAustralia
CourtSupreme Court of Western Australia
Year2008
StatusPersuasive authority

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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