Federal Court of Australia
Federal Court of Australia
Kim v Hodgson Faraday Pty Limited [2022] FCA 1190 File number: NSD 529 of 2016
Judgment of: JAGOT J
Date of judgment: 7 October 2022
Catchwords: REPRESENTATIVE PROCEEDINGS — misleading and deceptive conduct arising from sale of financial products overseas — where respondent sold dormant companies with Australian Financial Services licences — inferences of involvement — respondent not wilfully blind to misconduct — application dismissed
Legislation: Australian Securities and Investments Commission Act 2001 (Cth) ss 5(2), 12DA, 12GF(1), 12GH(2) Corporations Act 2001 (Cth) s 79
Cases cited: Australian Competition and Consumer Commission v Michigan Group Pty Ltd [2002] FCA 1439 Australian Securities and Investments Commission v ActiveSuper Pty Ltd (in liq) [2015] FCA 342; (2015) 235 FCR 181 Bradshaw v McEwans Pty Ltd (1951) 217 ALR 1 Compaq Computer Australia Pty Ltd v Merry [1998] FCA 968; (1998) 157 ALR 1 Giorgianni v The Queen [1985] HCA 29; (1985) 156 CLR 473 Jones v Dunkel [1959] HCA 8; (1959) 101 CLR 298 Keller v LED Technologies Pty Ltd [2010] FCAFC 55; (2010) 185 FCR 449 Quinlivan v Australian Competition and Consumer Commission [2004] FCAFC 175; (2004) 160 FCR 1 The Zamora (No 2) [1921] 1 AC 801 Yorke v Lucas [1985] HCA 65; (1985) 158 CLR 661 Zervas v Burkitt (No 2) [2019] NSWCA 236
Division: General Division
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