Rogers v Kabriel [1999] NSWSC 368

New South Wales Supreme Court CITATION : Rogers v Kabriel [1999] NSWSC 368 CURRENT JURISDICTION : Equity Division FILE NUMBER(S) : 3052/97 HEARING DATE(S) : 06/10/98; 07/10/98; 08/10/98; 09/10/98; 10/2/99; 11/02/99 JUDGMENT DATE : 23 April 1999

Joan Freedom Rogers (P1) Joan Freedom Rogers Pty Ltd (P2) PARTIES : Bedrich Kabriel (D1) Narendra Prasad (D2) Fontana Films Pty Ltd (D3) JUDGMENT OF : Young J

Plaintiff: B A Coles QC and A P Coleman COUNSEL : Defendants 1 & 3: P Le G Brereton SC and D P M Ash 2nd Defendant in person. SOLICITORS : Plaintiff: Corrs Chambers Westgarth Defendants 1 & 3: Beilby Poulden Costello CATCHWORDS : Corporations [85]; Prescribed interests; Investment of $1 million; Whether exempt from Corporations Law; Equity [35]; Fiduciary; X owed fiduciary duties to Y and Z; Preferred Z over Y; Z obtained large amount of Y's money; Whether Y bound to restore; Procedure [788]; Money counts; Money had and received; Scope; Restitution [5]; Recovery of money; Extent of defence of change of position; Taxes & Duties [148]; Deductions; Investment in Australian films; Prerequisites for deduction; Trade Practices [141]; Accessory liability; Acts on behalf of others Corporations Law (NSW) Parts 7.11, 7.12 (s 995); ss 9, 66(3), 1005, 1274B Evidence Act 1995 (NSW) s 38(1) ACTS CITED : Fair Trading Act 1987 (NSW) ss 42, 61 Income Tax Assesment Act 1936 (Cth) Div 10BA, ss 124ZADA(1)(d)(iii), 124ZADA(2), 124ZAFA(1), 124ZAFA(1)(a), 124ZAFA(1)(c)(i), 124ZAFA(1)(c)(ii) Trade Practices Act 1974 (Cth) ss 52, 75B, 84(2) DECISION : See paras 205 to 208