QVB Pharmacy Pty Ltd v Le [2022] NSWSC 1612

Supreme Court New South Wales

Medium Neutral Citation: QVB Pharmacy Pty Ltd v Le [2022] NSWSC 1612 Hearing dates: 4 and 5 October 2022 Date of orders: 1 December 2022 Decision date: 01 December 2022 Jurisdiction: Common Law Before: Cavanagh J Decision: (1) Judgment for the first plaintiff in the sum of $1,027,163.52. (2) The first defendant is to pay the plaintiffs' costs. (3) Grant liberty to apply should any party seek a variation of that costs order. Catchwords: CONSUMER LAW — misleading or deceptive conduct — sale of a business — passing on misleading information — providing documents containing inaccurate information as to financial position of the business — no transaction case — intention to mislead or deceive not relevant Legislation Cited: Competition and Consumer Act 2010 (Cth), Sch 2 - Australian Consumer Law Civil Procedure Act 2005 (NSW) Cases Cited: ACCC v Telstra Corporation Ltd (2007) 244 ALR 470; [2007] FCA 1904 Parkdale Custom Built Furniture Ltd v Puxu Pty Ltd (1982) 149 CLR 191; [1982] HCA 44 QVB Pharmacy Pty Ltd v Le [2022] NSWSC 1250 Yorke v Lucas (1985) 158 CLR 661; [1985] HCA 65 Zong v Wang (2022) 401 ALR 698; [2022] NSWCA 80 Category: Principal judgment Parties: QVB Pharmacy Pty Ltd (First Plaintiff) Peter Galettis (Second Plaintiff) David Le (First Defendant) Australian Pharmaceutical Industries Pty Ltd (Second Defendant) Representation: Counsel: S J Philips (Plaintiffs)