NSW Caselaw
47 ACSR 505 Reported Decision : (2004) Aust Contract Reports 90-187 (2004) ATPR 41-974
New South Wales Supreme Court
CITATION : Sherman re Giraffe World v ACCC [2003] NSWSC 996 HEARING DATE(S) : 22/09/03 JUDGMENT DATE : 5 November 2003
JURISDICTION: Equity Division Corporations List JUDGMENT OF : Barrett J DECISION : Directions given to liquidator
CATCHWORDS : CORPORATIONS - directions to liquidator in voluntary winding up - directions as to recognition of claims affected by statutory illegality - CONTRACTS - illegality - contract to pay sums in satisfaction of inducement to participate in illegal marketing schemes - whether such sums recoverable - sums paid to gain access to participation in sum schemes - whether such sums recoverable LEGISLATION CITED : Corporations Act 2001 (Cth), s.446A Trade Practices Act 1974 (Cth) Archbolds (Freightage) Ltd v S Spanglett Ltd [1961] 1 QB 374 at 390 Australian Competition and Consumer Commission v Giraffe World Australia Pty Ltd (No 2) [1997] FCA 1161 CASES CITED : Re Charles Ellis Ltd [1955] VR 214 Shiraz Nominees Pty Ltd v Collinson (1985) 10 ACLR 7 St John Shipping Corporation v Joseph Rank Ltd [1957] 1 QB 267 at 286 PARTIES : Steven John Sherman as liquidator of Giraffe World Australia Pty Ltd (in liq) - Plaintiff Australian Competition and Consumer Commisson - Defendant FILE NUMBER(S) : SC 3241/03 COUNSEL : Mr J Hogan-Doran - Plaintiff Mr M B Evans - Defendant SOLICITORS : PricewaterhouseCoopers Legal - Plaintiff Australian Government Solicitor - Defendant
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