Abriel v Australian Guarantee Corporation Ltd [2000] FCA 1198

FEDERAL COURT OF AUSTRALIA

Abriel v Australian Guarantee Corporation Ltd [2000] FCA 1198 TRADE PRACTICES – unconscionable conduct – application to avoid compromise – claims of unconscionable conduct not supported by the evidence Trade Practices Act 1974 (Cth), s 51AA RUDOLPH ABRIEL, VERA ABRIEL AND PREMIER KNITS PTY LIMITED ACN 005 879 920 v AUSTRALIAN GUARANTEE CORPORATION LIMITED ACN 000 015 485 AND WESTPAC BANKING CORPORATION ARBN 007 457 141 NG 1015 OF 1998 DOWSETT J 29 AUGUST 2000 BRISBANE (HEARD IN SYDNEY)

IN THE FEDERAL COURT OF AUSTRALIA

QUEENSLAND DISTRICT REGISTRY NG 1015 OF 1998

BETWEEN: RUDOLPH ABRIEL

FIRST APPLICANT

VERA ABRIEL

SECOND APPLICANT

PREMIER KNITS PTY LIMITED ACN 005 879 920

THIRD APPLICANT

AND: AUSTRALIAN GUARANTEE CORPORATION LIMITED ACN 000 015 485

FIRST RESPONDENT

WESTPAC BANKING CORPORATION ARBN 007 457 141

SECOND RESPONDENT

JUDGE: DOWSETT J

DATE OF ORDER: 29 AUGUST 2000

WHERE MADE: BRISBANE (HEARD IN SYDNEY)

THE COURT ORDERS THAT: 1. The application be dismissed. 2. The parties may make further submissions as to the further findings of fact and as to costs. Note: Settlement and entry of orders is dealt with in Order 36 of the Federal Court Rules.

IN THE FEDERAL COURT OF AUSTRALIA

QUEENSLAND DISTRICT REGISTRY NG 1015 OF 1998

BETWEEN: RUDOLPH ABRIEL

FIRST APPLICANT

VERA ABRIEL

SECOND APPLICANT

PREMIER KNITS PTY LIMITED ACN 005 879 920

THIRD APPLICANT

AND: AUSTRALIAN GUARANTEE CORPORATION LIMITED ACN 000 015 485

FIRST RESPONDENT

WESTPAC BANKING CORPORATION ARBN 007 457 141

SECOND RESPONDENT

JUDGE: DOWSETT J

DATE: 29 AUGUST 2000