ASIC v Adler &4 Ors [2001] NSWSC 777

Reported Decision : (2001) 38 ACSR 216

New South Wales Supreme Court

CITATION : ASIC v Adler &4 Ors [2001] NSWSC 777 revised - 5/09/2001 CURRENT JURISDICTION: Equity FILE NUMBER(S) : SC 2753/01 HEARING DATE(S) : 03/09/01 JUDGMENT DATE : 3 September 2001

In the matter of HIH Insurance Limited (in provisional liquidation) ACN 008 636 575 and HIH Casualty and General Insurance Limited (in provisional liquidation) ACN 008 482 291 Australian Securities & Investments Commission (Plaintiff) Rodney Stephen Adler (First Defendant) PARTIES : Raymond Reginald Williams (Second Defendant) Domenic Fodera (Third Defendant) Adler Corporation Pty Ltd (ACN 054 924 373) (Fourth Defendant) Lynda Sharon Adler (Fifth Defendant) JUDGMENT OF : Santow J

W Jacobs (Solicitor) (Third Defendant) COUNSEL : J Stoljar (Fifth Defendant) M H Southwick (John Fairfax Publications Pty Ltd) SOLICITORS : Dibbs Crowther & Osborne (Third Defendant) Speed and Stracy (Fifth Defendant) CATCHWORDS : PROCEDURE — Corporations — Release of pleadings to press before trial — Practice Note 97 — No prejudice to fair trial — Other defendants released their Defences. LEGISLATION CITED : Supreme Court Rules Practice Note 97 DECISION : Pleadings released despite objection.

REVISED — 5 September, 2001 IN THE SUPREME COURT OF NEW SOUTH WALES IN EQUITY

SANTOW J

No. 2753/01 In the matter of HIH Insurance Limited (in provisional liquidation) ACN 008 636 575 and HIH Casualty and General Insurance Limited (in provisional liquidation) ACN 008 482 291 Australian Securities & Investments Commission Plaintiff Rodney Stephen Adler First Defendant Raymond Reginald Williams Second Defendant Domenic Fodera Third Defendant Adler Corporation Pty Ltd (ACN 054 924 373) Fourth Defendant Lynda Sharon Adler Fifth Defendant