Liquidation Flashcards

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1
Q

Re Murphs Restaurant

A

Petition must be brought on just and equitable grounds - partnership broke down

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2
Q

Vehicle Building Insulation

A

Business paralysed due to impasse in management

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3
Q

German date coffee

A

Company purpose can no longer be carried out

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4
Q

Re Shrinkpa

A

Illegal Fraudulent purpose

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5
Q

Ebrahami -v- Westbourne Galleries (and vehicle insulations)

A

Petitioner must come with clean hands

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6
Q

Bula Limited

A

Cannot be seen as an abuse of process

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7
Q

Re Glenport

A

Ex Debito Justicia no automatic right to w/up - look for ulterior motive

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8
Q

Truck Machinery -v- Maru Koma

A

Not a means of debt collection

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9
Q

Meridian -v- Eircell

A

If debt disputed in good faith and substantial grounds, the petition will be dismissed

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10
Q

WMG Toughening Limited

A

Countersued - petition refused. W/up is not a means of debt collection, might not be disputed but theres a counterclaim. If counterclaim in good faith and substantial grounds, petition should be refused.

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11
Q

Pageboy Couriers

A

Discretionary remedy, petition disputed on good faith and refused

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12
Q

Stonegate

A

Injunction - petition should be presented by creditor, not a means of debt collection, until claim is established, no locus standi. Cannot invoke w/up after the debt is disputed - abuse of process

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13
Q

Meridian Limited

A

“any liability” if 1k admitted and rest disputed, petition can still go ahead.

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