NSW Caselaw
New South Wales District Court
CITATION: Conacher & Ors v Crews [2007] NSWDC 271
HEARING DATE(S): 12, 13, 14, 15, 19 November 2007
JUDGMENT DATE: 13 December 2007
JUDGMENT OF: Rein SC DCJ
DECISION: 1. Judgment for 1st Plaintiff for $50,000 plus interest.; 2. Judgment for 2nd Plaintiff for $50,000 plus interest.; 3. Judgment for 3rd Plaintiff for $50,000 plus interest.; 4. Judgment for 4th Plaintiff for $99,900 plus interest.; 5. Crews to pay each of the Plaintiffs' costs of the proceedings.
CATCHWORDS: Purchase of shares on the basis of alleged misrepresentations about company and its products - Whether statements made, whether plaintiffs relied on statements in making decision to purchase shares - S.42 Fair Trading Act (s.52 Trade Practices Act) - Assessment of damages
LEGISLATION CITED: Fair Trading Act 1987 Trade Practices Act 1974 (Cth)
Henville v Walker (2001) 206 CLR 459 I and L Securities v HTW Valuers (2002) HCA 41 Gould v Vaggelas (1985) 157 CLR 215 Wardley Australia v Western Australia (1992) 175 CLR 314 CASES CITED: Gould v Vaggelas (1983) 157 CLR 214 Barley v Wartford (1846) 9 QB 197 Wardley Australia Ltd v State of Western Australia (1992) 175 CLR 514 Kabwand Pty Ltd v National Australia Bank Ltd (1989) ATPR 40-950 HTW [2004] HCA 54; 217 CLR 640 Watson v Foxman (2000) 49 NSWLR 315
Peter Conacher (Plaintiff 1) Peter Smith (Plaintiff 2) PARTIES: Ralph Leslie O'Shea (Plaintiff 3) Gregory Veivers (Plaintiff 4) Terry Crews (Defendant)
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