NSW Caselaw
New South Wales Supreme Court
CITATION : Fitzpatrick v Cheal [2010] NSWSC 717
HEARING DATE(S) : 25 May 2010
JUDGMENT DATE : 1 July 2010
JURISDICTION : Equity - Corporations List
JUDGMENT OF : Bergin CJ in Eq
DECISION : Leave granted under s 237 of Corporations Act 2001 (Cth) to bring proceedings on behalf of the company.
CATCHWORDS : CORPORATIONS - application for leave to bring action pursuant to s 237 of Corporations Act 2001 (Cth) - consideration of factors in establishing that the applicant is acting in good faith (s 237(2)(b)) - whether action in best interests of the company - whether serious question to be tried
LEGISLATION CITED : Corporations Act 2001 (Cth)
Charlton v Baber (2003) 47 ACSR 31 Degiorgio v Dunn (No 2) (2005) 62 NSWLR 284 CASES CITED : Fiduciary Ltd v Morningstar Research Pty Ltd (2005) 53 ACSR 732 Gerard Cassegrain & Co Pty Ltd v Cassegrain; Cassegrain v Gerard Cassegrain & Co [2010] NSWSC 91 Showtime Management Australia Pty Ltd v Showtime Presents Pty Ltd [2008] NSWSC 618 Swansson v R A Pratt Properties Pty Ltd (2002) 42 ACSR 313
Simone Leah Fitzpatrick (First Plaintiff) ACN 089 142 870 Pty Ltd (Second Plaintiff) PARTIES : James Mitchell Cheal (First Defendant) Cheal Industries Pty Ltd (Second Defendant) Chilli Surfboards Pty Ltd (Third Defendant)
FILE NUMBER(S) : SC 5097/09
COUNSEL : MB Evans (First Plaintiff) R Francois (Defendants)
SOLICITORS : Lathams Lawyers (First Plaintiff) Simon William Griesz (Defendants)
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