NSW Caselaw
Reported Decision : 47 ACSR 224
New South Wales Supreme Court
CITATION : Isak Constructions v Faress [2003] NSWSC 784 revised - 27/08/2003 HEARING DATE(S) : 25/08/03 JUDGMENT DATE : 27 August 2003
JURISDICTION: Equity Division Corporations List JUDGMENT OF : Barrett J DECISION : Leave under s.237 granted
CATCHWORDS : CORPORATIONS - statutory derivative action - meaning of "an officer or former officer of the company" - unresolved question whether director removed from office - whether appropriate to grant leave when notice requirement in s.237(2)(e)(i) not satisfied LEGISLATION CITED : Corporations Act 2001 (Cth), ss.236, 237 Brightwell v RFB Holdings Pty Ltd (2003) 44 ACSR 186 Charlton v Baber [2003] NSWSC 745 Goozee v Graphic World Group Holdings Pty Ltd (2002) 42 ACSR 534 CASES CITED : Haxhiu v Minister for Immigration and Multicultural and Indigenous Affairs [2002] FCA 1526 Herbert v Redemption Investments Pty Ltd [2002] QSC 340 Jeans v Deangrove Pty Ltd [2001] NSWSC 84 RTP Holdings Pty Ltd v Roberts (2000) 36 ACSR 170 Swansson v R A Pratt Properties Pty Ltd (2002) 42 ACSR 313 Isak Constructions (Aust) Pty Ltd - First Plaintiff Mikko Amos Isaaka - Second Plaintiff PARTIES : Adib Faress - First Defendant/Applicant Emerald Developments (Aust) Pty Ltd - Second Defendant Fares Faress - Third Defendant
FILE NUMBER(S) : SC 1440/03 COUNSEL : Mr T.J. Davie - First Defendant/Applicant SOLICITORS : Clark McNamara - First Defendant/Applicant
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