DB v WY Ltd [2015] NZDT 829 (22 April 2015) [pdf, 72 KB]
...appearance from DB. [2] At the hearing I verbally confirmed my views regarding the future of these claims. For completeness, I repeat that advice here. [3] This means firstly that the applicant's claim cannot proceed at the Tribunal. Under s101 of the Insolvency Act 2006, on adjudication for bankruptcy, all property belonging to the bankrupt vests in the Official Assignee and any rights of the bankrupt in the property are extinguished and any powers the bankrupt may have had o...