Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Maylord Equity Management Pty Ltd v Parazelsus Ltd [2014] FCA 979 Citation: Maylord Equity Management Pty Ltd v Parazelsus Ltd [2014] FCA 979
Parties: MAYLORD EQUITY MANAGEMENT PTY LTD (ACN 094 852 892) v PARAZELSUS LIMITED
File number(s): VID 1123 of 2011
Judge(s): GLEESON J
Date of judgment: 12 September 2014
Catchwords: CONTRACT – breach of contract regarding shareholding structure – wrongful termination of contract for advisory services – damages CONSUMER LAW – misleading and deceptive conduct – where no relevant causal connection between conduct and damages claimed PRACTICE AND PROCEDURE – application for default judgment under r 5.23(2)(c) of the Federal Court Rules 2011 – where respondent is in default within the meaning of r 5.22 – application granted
Legislation: Australian Consumer Law, schedule 2 to the Competition and Consumer Act 2010 (Cth) Federal Court Rules 2011 (Cth) r 5.22, 5.23(2)(c), 5.23(2)(d) Trade Practices Act 1974 (Cth)
Cases cited: ASIC v Edensor Nominees Pty Ltd (2001) 204 CLR 559 Clayton v Thomas C Denton & Co Pty Ltd [1972] VR 46 Competition and Consumer Commission v Dataline Net AU Pty Ltd (2006) 236 ALR 665, [2006] FCA 1427 Luna Park Sydney Pty Ltd v Bose [2006] FCA 94 Macquarie Bank Ltd v Seagle (2005) 146 FCR 400 Macquarie Bank Ltd v Seagle (2008) 79 IPR 7, [2008] FCA 1417 Maylord Equity Management Pty Ltd v Parazelsus Limited [2013] FCA 1219 Speedo Holdings BV v Evans (No 2) [2011] FCA 1227 The Commonwealth of Australia v Amann Aviation Pty Ltd 174 CLR 64 Yeo v Damos Earthmoving Pty Ltd, Re Beachwood Developments Pty Ltd (in liq) [2011] FCA 1129
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