Edge Technology P/L v Lite-On Technology Corp [2000] NSWSC 471

[2000] 156 FLR 181 Reported Decision : [2000] 34 ACSR 301 [2000] 18 ACLC 576

New South Wales Supreme Court

CITATION : Edge Technology P/L v Lite-On Technology Corp [2000] NSWSC 471 revised - 7/06/2000 CURRENT JURISDICTION: Equity FILE NUMBER(S) : SC 4809/99 HEARING DATE(S) : 20/03/00, 21/03/00 JUDGMENT DATE : 1 June 2000

PARTIES : Edge Technology Pty Limited (Plaintiff) Lite-On Technology Corporation (Defendant) JUDGMENT OF : Santow J

COUNSEL : C Stephens, QC/ W McManus (Plaintiff) P Durack (Defendant) SOLICITORS : A J Law & Co (Plaintiff) Robert Seidler & Associates (Defendant) CATCHWORDS : CORPORATIONS LAW — Statutory demand — Offsetting claim versus attacking directly genuineness of demand debt — Distinction in context of sale of goods with associated proceedings for breach of warranty under Trade Practices Act and Sale of Goods Act type warranties — How offsetting claim tested for genuineness compared to how statutory demand tested for genuineness — Use of statistical analysis in relation to testing genuineness of quantification of an unliquidated claim. Corporations Law ss459F, 459G and 459H LEGISLATION CITED : Sale of Goods Act Trade Practices Act 1974 (Cth) Chadwick Industries (South Coast) Pty Limited v Condensing Vaporisers Pty Limited (1994) 13 ACSR 37 David Grant and Co Pty Limited v Westpac Banking Corporation (1995) 184 CLR 265 Equuscorp Pty Ltd v Perpetual Trustees WA Ltd (1998) 16 ACLC 12 Eyota Pty Limited v Hanave Pty Limited (1994) 12 ACLC 669 Goldspar Australia Pty Ltd v KWA Design Group Pty Ltd (1999) 17 ACLC 456 CASES CITED : Graywinter Management Pty Ltd v Deputy Federal Commissioner of Taxation 15 ACLC 299; 22 ACSR 636 Jesseron Holdings v Middle East Trading Consultants (1994) 14 ACLR 490; 13 ACSR 455 Jesseron Holdings Pty Ltd v Middle East Trading Consultants Pty Limited (No. 2) (1994) 12 ACLC 490; 13 ACSR 787 Mibor Investments Pty Limited v Commonwealth of Australia (1993) 11 ACSR 362 Re Morris Catering (Australia) Pty Ltd (1993) 11 ACLC 919 Spencer Constructions Pty Limited v G & M Aldridge Pty Limited (1997) 15 ACLC 1,001, (1997) 76 FCR 452 DECISION : Statutory demand to be partially offset by offsetting claim.