Federal Court of Australia
. 373°
CATCHWORDS
TRADE PRACTICES - whether conduct of first respondent in commodities futures trading constituted misleading and deceptive conduct within
the meaning of s. 52 of the Trade Practices Act 1974 - whether second
and third respondents involved in first respondent's contraventions of
s. 52.
Trade Practices Act 1974: ss. 52, 75B.
Federal Court of Australia Act 1976: s. 5I1A.
ELIZABETH DENNISON and JULIET DENNISON v. ACE SHOHIN (AUSTPALIA) PTY.
LIMITED, DAVID HUGHES and JOHN TAN
G 179 of 1985
LOCKHART J. SYDNEY
17 JULY 1987
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' 17 SUL 1987
FEDERAL GOURT OF AUSTRALIA
PRINCIPAL REGISTRY
IN THE FEDERAL COURT OF AUSTRALIA
NEW SOUTH WALES DISTRICT REGISTRY No. G179 of 1985
wee re wv
GENERAL DIVISION
IN THR MATTER OF THE TRADE PRACTICES ACT, 1974
ELIZABETH DENNISON
First Applicant JULIET DENNISON Second Applicant
ACE _SHOHIN (AUSTRALIA) PTY. LIMITED
First Respondent DAVID HUGHES
Second Respondent
JOHN TAN Third Respondent JUDGE MAKING ORDER: LOCKHART J. DATE OF ORDER: 17 JULY 1987
WHERE ORDER MADE: SYDNEY
MINUTE OF ORDERS
THE COURT ORDERS THAT:
l. The matter be adjourned to a date to he fixed; and
2. The applicants bring in short minutes of orders on that date
to give effect to this judgment.
NOTE: Settlement and entry of orders is dealt with in Order 36 of
the Federal Court Rules.
IN THE FEDERAL COURT OF AUSTRALIA
NEW SOUTH WALES DISTRICT REGISTRY No. G179 of 1985
wee
GENERAL DIVISION IN THE MATTER OF THE TRADE
PRACTICES ACT, 1974
ELIZABETH DENNISON
First Applicant
JULIET DENNISON
Second Applicant
ACE SHOHIN (AUSTRALIA) PTY.
First Respondent DAVID HUGHES Second Respondent
JOHN TAN
Third Respondent
17 July 1987
REASONS FOR JUDGMENT
LOCKHART J.
Mrs. Elizabeth Dennison lives in Newcastle, New South Wales, where she has spent most of her life. Mrs. Dennison has, like her father before her, invested for many years in real estate in the Newcastle area and, to a lesser extent, in Sydney. She purchases and lets houses and flats. The properties are held for a longa time and yield a high return. Mrs. Dennison usually finances the purchases by
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