PRACTICE AND PROCEDURE - application for summary judgment pursuant to s 31A(2) of the Federal Court of Australia Act 1976 (Cth) and R 26.01 of the Federal Court Rules 2011 (Cth) - whether applicants have reasonable prospect of successfully prosecuting proceeding - where applicants and respondent executed forbearance deed - whether respondent released from applicants' claims under terms of deed
BANKRUPTCY - whether first applicant has standing - where first applicant declared bankrupt and discharged from bankruptcy - where claims against respondent vested in Official Trustee upon bankruptcy pursuant to s 58(1) of the Bankruptcy Act 1966 (Cth)
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