Federal Court of Australia
JUDGMENT No. sun? 74
soscosveececes! eonencececes
CATCHWORDS
TRADE PRACTICES - s$.52 - whether loan company made misrepresentations that finance would be available, when it knew no finance would be available - whether senior executives were also liable as being knowingly concerned in the
contraventions - whether breach of loan agreement.
Trade Practices Act 1974, ss. 52, 53(aa), 58, 75B, 82
KINLACE PTY LIMITED v MORTGAGE FINANCE AUSTRALIA LTD (IN
LIQUIDATION), G J STASSEN & S J GOODMAN
No NG388 of 1991
COURT: LOCKHART J. DATE: 14 OCTOBER 1994 PLACE: SYDNEY
18 OCT 1994
FEDERAL COURT OF
AUSTRALIA PRINCIPAL AEGISTAY
IN_THE FEDERAL COURT OF AUSTRALIA
NEW SOUTH WALES DISTRICT REGISTRY
GENERAL DIVISION
No. NG388 of 1991
wwe www
BETWEEN: KINLACE PTY LIMITED Applicant AND: MORTGAGE FINANCE AUSTRALIA
LTD (IN LIQUIDATION First Respondent
G J STASSEN
Second Respondent
S_J_GOODMAN Third Respondent
MINUTE OF ORDERS
THE COURT: LOCKHART J. DATE OF ORDER: 14 OCTOBER 1994 WHERE MADE; SYDNEY
#
THE COURT ORDERS THAT:
1. The application be dismissed.
2. The applicant pay the costs of the respondents of the
proceeding including any reserved costs.
NOTE: Settlement and entry of Orders is dealt with in
Order 36 of the Federal Court Rules.
N FEDERAL COURT OF AUSTRALIA
NEW SOUTH WALES DISTRICT REGISTRY GENERAL DIVISION
No. NG388 of 1991
wwe ww
BETWEEN: KINLACE PTY LIMITED Applicant AND: MORTGAGE _ FINANCE AUSTRALIA
LTD (IN LIQUIDATION First Respondent
G J STASSEN Second Respondent
S_J GOODMAN Third Respondent
14 OCTOBER 1994
REASONS FOR JUDGMENT LOCKHART J.
Introduction
The applicant, Kinlace Pty Limited (Kinlace), claims damages against the respondents arising out of negotiations between it and the first respondent, Mortgage Finance Australia Limited (In Liquidation) (MFA), its officers and solicitors, for a loan to facilitate the purchase by Kinlace
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