Rambaldi v Meletsis, in the matter of Karas (Bankrupt)

Trustees in bankruptcy have power under s 134 of the Bankruptcy Act 1966 (Cth) to acquire causes of action by assignment from a liquidator using estate funds, where the acquisition is in the best interests of creditors, and such assigned claims become property of the bankrupt's estate by reason of the causal connection between the estate funds deployed and the claims acquired.