Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
European Lithium Limited, in the matter of European Lithium Limited [2017] FCA 894 File number: WAD 360 of 2017
Judge: BARKER J
Date of judgment: 26 July 2017
Catchwords: CORPORATIONS – application for orders validating trading of shares pursuant to s 1322(4)(a) of Corporations Act 2001 (Cth) – where company not qualified to issue cleansing notices – application for orders relieving sellers from civil liability pursuant to s 1322(4)(c) – where plaintiff breached disclosure requirements under s 707(3) and s 727(1)
Legislation: Corporations Act 2001 (Cth) ss 707(3), 708(11), 708A(5), 708A(5)(b), 708A(5)(e), 708A(7), 727(1), 1322, 1322(4), 1322(4)(a), 1322(4)(c), 1322(6)(a)(i), 1322(6)(a)(ii), 1322(6)(a)(iii), 1322(6)(b), 1322(6)(c), 1337B(1), Pt 6D.2, Chapter 6D Federal Court of Australia Act 1976 (Cth) s 19
Cases cited: Elemental Minerals Ltd, in the matter of Elemental Minerals Ltd [2010] FCA 687 Re Chameleon Mining NL [2009] NSWSC 660 Re Golden Gate Petroleum Ltd (2010) 77 ACSR 17; [2010] FCA 40 Re Silver Lake Resources Ltd (2012) 87 ACSR 436; [2012] FCA 32 Re Wave Capital Limited [2003] FCA 969 Sprint Energy Limited, in the matter of Sprint Energy Limited [2012] FCA 1354 TV2U International Limited, in the matter of TV2U International Limited [2016] FCA 1556
Date of hearing: 26 July 2017
Registry: Western Australia
Division: General Division
National Practice Area: Commercial and Corporations
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