Australian Securities & Investments Commission v McDougall [2006] FCA 427

FEDERAL COURT OF AUSTRALIA

Australian Securities & Investments Commission v McDougall [2006] FCA 427 CORPORATIONS – unregistered managed investment scheme – unlicensed financial services business – whether declarations appropriate – whether scope of injunctive relief appropriate – whether winding up of company necessary

Australian Securities and Investments Commission v Pegasus Leveraged Options Group Pty Ltd (2002) 41 ACSR 561 considered Australian Securities and Investments Commission v McNamara (2002) 42 ACSR 488 cited Australian Securities and Investments Commission v Giann & Giann Pty Ltd (2005) 141 FCR 278 cited Australian Securities and Investments Commission v Manito Pty Ltd (2005) 53 ACSR 56 cited Australian Securities and Investments Commission v Drury Management Pty Ltd [2004] QSC 068 cited Ainsworth v Criminal Justice Commission (1992) 175 CLR 564 cited Australian Softwood Forest Pty Ltd v Attorney-General (NSW) (1981) 148 CLR 121 cited Corporate Affairs Commission (NSW) v Transphere Pty Ltd (1988) 15 NSWLR 596 cited Australian Securities and Investments Commission v Sweeney [2001] NSWSC 114 cited Tobacco Institute of Australia Ltd v Australian Federation of Consumer Organisations Inc (No 2) (1993) 41 FCR 80 cited OD Transport Pty Ltd v WA Government Railways Commission (1987) 13 FCR 500 cited ICI Australia Operations Pty Ltd v Trade Practices Commission (1992) 38 FCR 248 considered Mikasa (NSW) Pty Ltd v Festival Stores (1972) 127 CLR 617 cited ACCC v Z-Tek Computer Pty Ltd (1997) 78 FCR 197 at 202 cited ACCC v Real Estate Institute (WA) (1999) 95 FCR 114 cited Foster v Australian Competition and Consumer Commission [2006] FCAFC 21 discussed Australian Securities and Investments Commission v Takaran Pty Ltd (No 2) (2003) 194 ALR 743 cited Australian Securities and Investment Commission v Chase Capital Management Pty Ltd (2001) 36 ACSR 778 cited