Australian Securities and Investments Commission v Pearson [2014] FCA 799

FEDERAL COURT OF AUSTRALIA

Australian Securities and Investments Commission v Pearson [2014] FCA 799 Citation: Australian Securities and Investments Commission v Pearson [2014] FCA 799

Parties: AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION v MARION JOAN PEARSON and COLISA PTY LTD (ACN 066 267 196)

File number(s): WAD 198 of 2014

Judge(s): SIOPIS J

Date of judgment: 4 July 2014

Catchwords: CORPORATIONS – ex parte application for freezing orders and travel restriction orders – whether evidence before the Court justified the making of the orders.

Legislation: Corporations Act 2001 (Cth) s 1323

Date of hearing: 4 July 2014

Place: Perth

Division: GENERAL DIVISION

Category: Catchwords

Number of paragraphs: 17

Counsel for the Plaintiff: Mr C Slater

Solicitor for the Plaintiff: Australian Securities and Investments Commission

Counsel for the First and Second Defendants The First and Second Defendants did not appear

IN THE FEDERAL COURT OF AUSTRALIA WESTERN AUSTRALIA DISTRICT REGISTRY GENERAL DIVISION WAD 198 of 2014

BETWEEN: AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

Plaintiff

AND: MARION JOAN PEARSON

First Defendant

COLISA PTY LTD (ACN 066 267 196)

Second Defendant

JUDGE: SIOPIS J DATE OF ORDER: 4 JULY 2014 WHERE MADE: PERTH

THE COURT ORDERS THAT:

1. In the first instance, service of this Originating Process be dispensed with. 2. In the first instance, this Originating Process be returnable instanter. 3. Time for service of this Originating Process be abridged to Monday 7 July at 12 noon. 4. This Originating Process be returnable before Court at 2.15 pm on Friday, 11 July 2014. Note: Entry of orders is dealt with in Rule 39.32 of the Federal Court Rules 2011.