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Title: Corporate Suicide: David Defeats (A Deceased) Goliath
Contributor(s): Tarrant, J (author)
Publication Date: 2005
Open Access: Yes
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Abstract: The recent decision of the ACT Court of Appeal in Stergiou v Citibank Savings Ltd¹ should be noted by all practitioners representing corporate clients. During the hearing of the appeal in Stergiou the court was made aware by the appellants that the respondent, Citibank Savings Ltd, had been deregistered in June 1996, almost seven years prior to the time when they initiated litigation in February 2003. The case highlights the problems that can arise when it is overlooked that a corporate 'client' has in fact been deregistered. In such circumstances there is no client, and therefore no plaintiff, and all proceedings brought in the name of the deregistered company are a nullity.
Publication Type: Journal Article
Source of Publication: University of New England Law Journal, 2(1), p. 97-102
Publisher: University of New England
Place of Publication: Armidale, Australia
ISSN: 1449-2199
HERDC Category Description: C2 Non-Refereed Article in a Scholarly Journal
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Appears in Collections:Journal Article

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