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Psevdos v Commonwealth Bank of Australia (No 2) [2017] FCA 19

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BANKRUPTCY AND INSOLVENCY - judgment debt consequent upon an adverse costs order - where judgment debt said to be affected by fraud - circumstances in which bankruptcy court may go behind judgment - application of House v The King (1936) 55 CLR 499 on an appeal from a finding that there was no "sufficient cause" not to make sequestration order - Bankruptcy Act 1966 (Cth), s 52(2)(b) TRUSTS AND TRUSTEES - personal liability of trustees for debts incurred in the performance of a trust - action commenced against appellant in relation to a transaction entered into in his capacity as trustee - trustee personally liable for costs in the action

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