NSW Caselaw
53 ACSR 534 Reported Decision : 152 A Crim R 548 (2005) 23 ACLC 601
New South Wales Supreme Court
CITATION : Regina v Williams [2005] NSWSC 315
HEARING DATE(S) : 18 March 2005
JUDGMENT DATE : 15 April 2005
JUDGMENT OF : Wood CJatCL at 1
DECISION : Count 1: imprisonment for a fixed term of 2 years to date from 15 April 2005 and to expire on 14 April 2007; Count 2: imprisonment for a term of 1 year and 3 months to date from 15 April 2007 and to expire on 14 July 2008; Count 3: imprisonment for a term of 1 year and 3 months to date from 15 July 2008 and to expire on 14 October 2009; Overall term: imprisonment for 4 years and 6 months commencing on 15 April 2005; Non-parole period fixed of 2 years and 9 months to date from 15 April 2005 and to expire on 14 January 2008.
CATCHWORDS : Criminal law - sentencing - HIH Insurance Limited - whether departure from standards of competence and diligence expected of Chief Executive officer - proper disclosure - withholding from prospectus of information - misleading statement - recklessness - overstating of operating profit in Annual Report - proper operation of securities market - investor faith - level of criminality - issues of general deterrence.
Corporations Act 2001 (Cth) LEGISLATION CITED : Corporations Law (Cth) Crimes Act 1914 (Cth)
ASIC v Adler and Ors (2002) 41 ASCR 72 ASIC v Adler and Ors (2002) 42 ASCR 80 Cameron v The Queen (2002) 209 CLR 339 De Simoni v The Queen (1981) 147 CLR 383 Director of Public Prosecutions (Commonwealth) v El Karhani (1990) 21 NSWLR 370 Director of Public Prosecutions (Commonwealth) v Thomas (1997) 37 ATR 296 DPP v Bulfin (1998) 4 VR 114 Johnson v The Queen (2004) 78 ALJR 616 Pearce v The Queen (1998) 194 CLR 610 R v Boskovitz [1999] NSWCCA 437 R v Brown [2002] VSCA 99 R v Corner NSWCCA 19 December 1997 CASES CITED : R v El-Rashid NSWCCA 7 April 1995 R v Ellis (1986) 6 NSWLR 603 R v Gallagher (1991) 23 NSWLR 220 R v Herrera NSWCCA 6 June 1997 R v Hodgson (2002) 84 SASR 168 R v Kearns [2003] NSWCCA 367 R v Martin (1994) 74 A Crim R 252 R v Moffat Vic CCA 15 December 1992 R v Pang (1999) 105 A Crim R 474 R v Radich [1954] NZLR 86 R v Rivkin (2004) 59 NSWLR 284 R v Thompson (1975) 11 SASR 217 R v Wall [2002] NSWCCA 42
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