Hudson Resources Limited v AceA Resources Pte Ltd [2020] NSWSC 1771

Supreme Court New South Wales

Medium Neutral Citation: Hudson Resources Limited v AceA Resources Pte Ltd [2020] NSWSC 1771 Hearing dates: 23, 24, 25, 26, 27 November 2020; further written submissions 2 December 2020 Date of orders: 09 December 2020 Decision date: 09 December 2020 Jurisdiction: Equity - Commercial List Before: Stevenson J Decision: Proceedings to be dismissed Catchwords: CONSUMER LAW – misleading or deceptive conduct – whether defendants misrepresented effect of proposed changes to share purchase agreement – whether plaintiff misled by defendants' communications about those amendments – whether plaintiff signed payment instruction under a mistake of fact Legislation Cited: Competition and Consumer Act 2010 (Cth), Sch 2 ("Australian Consumer Law") Cases Cited: Australian Financial Services and Leasing Pty Ltd v Hills Industries Ltd (2014) 253 CLR 560; [2014] HCA 14 Barclays Bank Ltd v WJ Simms, Son & Cooke (Southern) Ltd [1980] 1 QB 677 Butcher v Lachlan Elder Realty Pty Ltd (2004) 218 CLR 592; [2004] HCA 60 Campbell v Backoffice Investments Pty Ltd (2009) 238 CLR 304; [2009] HCA 25 David Securities Pty Ltd v Commonwealth Bank of Australia (1992) 175 CLR 353; [1992] HCA 48 Flack v Chairperson National Crime Authority (1997) 80 FCR 137 Hintze v Tsering [2018] NSWSC 1190 Jones v Dunkel (1959) 101 CLR 298 Kuhl v Zurich Financial Services Australia Ltd (2011) 243 CLR 361; [2011] HCA 11 Miller & Associates Insurance Broking Pty Ltd v BMW Australia Finance Ltd (2010) 241 CLR 357; [2010] HCA 31 Neumann Contractors v Wyong Shire Council [2010] NSWSC 614 Oran Park Motorsport Pty Ltd v Fleissig [2002] NSWCA 371 Sagacious Legal Pty Ltd v Wesfarmers General Insurance Ltd [2011] FCAFC 53 Stryke Corporation Pty Ltd v Miskovic [2007] NSWCA 72 Wollongong Coal Ltd v Gujarat NRE Properties Pty Ltd [2020] NSWSC 254 Category: Principal judgment Parties: Hudson Resources Pty Ltd (Plaintiff) AceA Resources Pte Ltd (First Defendant) Sze Sin (Bernard) Juay (Second Defendant) Cheok Huat (Mick) Aw (Third Defendant) Representation: Counsel: M K Condon SC with N M Bender (Plaintiff) D A Hughes with R Thrift (First and Second Defendants)