Federal Court of Australia
Federal Court of Australia
Hylepin Pty Ltd v Doshay Pty Ltd [2021] FCAFC 201 Appeal from: Hylepin Pty Ltd v Doshay Pty Ltd [2020] FCA 1370
File number: VID 705 of 2020
Judgment of: MARKOVIC, BANKS-SMITH AND ANDERSON JJ
Date of judgment: 19 November 2021
Catchwords: CORPORATIONS - fiduciary duties - where first respondent invested in various companies with property and business interests - where appellant a shareholder of first respondent - whether duties of director of first respondent conflicted with personal interests - where contributions of share and debt capital varied for different impugned transactions - whether interests aligned - whether real or substantial possibility of conflict CORPORATIONS - members - oppression - whether conduct in effecting share transfer under mistaken apprehension oppressive - whether declaration confirming position at law as to shareholding sufficient relief - whether conduct said to amount to breach of fiduciary duty also oppressive - whether impugned transactions that do not separately constitute oppressive conduct were oppressive when considered collectively
Legislation: Corporations Act 2001 (Cth) ss 53, 180, 232, 233 Limitation of Actions Act 1958 (Vic) s 21 Retail Leases Act 2003 (Vic) s 35
Cases cited: Agricultural Land Management Ltd v Jackson [No 2] [2014] WASC 102; (2014) 48 WAR 1 Allco Funds Management Limited v Trust Company [2014] NSWSC 1251 Aqua-Max Pty Ltd v MT Associates Pty Ltd [2001] VSCA 104 Bell Group Ltd (in liq) v Westpac Banking Corporation [No 9] [2008] WASC 239; (2008) 39 WAR 1 Boardman v Phipps [1967] 2 AC 46 Boensch v Pascoe [2019] HCA 19 Buitendag v Ravensthorpe Nickel Operations Pty Ltd [2014] WASCA 29 Campbell v Backoffice Investments Pty Ltd [2009] HCA 25; (2009) 238 CLR 304 Catalano v Managing Australia Destinations Pty Ltd [2014] FCAFC 55 Chan v Zacharia (1984) 154 CLR 178 Clarence City Council v Commonwealth of Australia [2020] FCAFC 134; (2020) 280 FCR 265 Clay v Clay [2001] HCA 9; (2001) 202 CLR 410 Goozee v Graphic World Group Holdings Pty Ltd [2002] NSWSC 640 Grego v Copeland [2011] VSC 521 Grimaldi v Chameleon Mining NL (No 2) [2012] FCAFC 6; (2012) 200 FCR 296 Hillam Ample Source International Limited (No 2) [2012] FCAFC 73; (2012) 202 FCR 336 Hospital Products Ltd v United States Surgical Corporation (1984) 156 CLR 41 Howard v Commissioner of Taxation [2014] HCA 21; (2014) 253 CLR 83 In the matter of Colorado Products Pty Ltd (in prov liq) [2014] NSWSC 789 In the Matter of Ledir Enterprises Pty Ltd [2013] NSWSC 1332 John J Starr (Real Estate) Pty Ltd v Andrew (Australasia) Pty Ltd (1991) 6 ACSR 63 Maguire v Makaronis (1997) 188 CLR 449 Mills v Mills (1938) 60 CLR 150 On the Street Pty Ltd v Cott (1990) 3 ACSR 54 Pilmer v Duke Group Ltd (in liq) [2001] HCA 31; (2001) 207 CLR 165 R v Byrnes & Hopwood (1995) 183 CLR 501 Re Broadcasting Station 2GB Pty Ltd [1964-65] NSWR 1648 Re HIH Insurance Ltd and HIH Casualty and General Insurance Ltd, Australian Securities and Investments Commission v Adler [2002] NSWSC 171 Re News Corporation Ltd (1987) 15 FCR 227 Settlement Agents Supervisory Board v Property Settlement Services Pty Ltd [2009] WASCA 143 Streeter v Western Areas Exploration Pty Ltd [No 2] [2011] WASCA 17 Vigliaroni v CPS Investment Holdings Pty Ltd [2009] VSC 428 Wayde v New South Wales Rugby League Ltd (1985) 180 CLR 459
We try to embed the page this law was scraped from. If the site blocks framing, you still get the link and a local excerpt.
Last checked with source on —
Checking whether the official page can be embedded…
Plain-English simplify of this law: a short summary, key points, and both sides of the argument. Generated on first view via Replicate, then cached. Vote on what helps your study.
No study brief is cached for this law yet. Sign up to generate a plain-English brief.
Sign up to generate