Oasis Fund Management Limited and Royal Bank of Scotland NV & Ors [2012] NSWSC 532

Supreme Court New South Wales

Medium Neutral Citation: Oasis Fund Management Limited and Royal Bank of Scotland NV & Ors [2012] NSWSC 532 Hearing dates: 16 April 2012 Decision date: 21 May 2012 Jurisdiction: Equity Division Before: Sackar J Decision: See paragraph 63 Catchwords: Representative Proceedings - Civil Procedure Act 2005 (NSW) s 173 - Settlement - Court Approval Legislation Cited: Civil Procedure Act 2005 (NSW) Trade Practices Act 1974 (Cth) Corporations Act 2001 (Cth) Australian Securities and Investments Commission Act 2001 (Cth) Fair Trading Act 1987 (NSW) Supreme Court Act 1986 (Vic) Cases Cited: Australian Competition and Consumer Commission v Chats House Investments Pty Ltd (1996) 71 FCR 250 Darwalla Milling Co Pty Ltd v F Hoffman-La Roche (No 2) [2006] FCA 1388 Dorajay Pty Ltd v Aristocrat Leisure Limited [2009] FCA 19 Farah Constructions Pty Ltd v Say-Dee Pty Ltd (2007) 230 CLR 89 Harrison v Sandhurst Trustees Ltd [2011] FCA 541 Jarra Creek Central Packing Shed Pty Ltd v Amcor Limited [2011] FCA 671 Lopez v Star World Enterprises Pty Ltd [1999] FCA 104 P Dawson Nominees Pty Ltd v Brookfield Multiplex Ltd (No 4) [2010] FCA 1029 Pharm-A-Care Laboratories Pty Ltd v Commonwealth [2011] NSWSC 277 Tasfast Air Freight v Mobil Oil Australia Ltd [2002] VSC 457 Williams v FAI Home Security Pty Ltd (No 4) [2000] FCA 1925 Category: Principal judgment Parties: Oasis Fund Management Limited - first plaintiff Oasis Asset Management Limited - second plaintiff Mervyn Douglas Michell - third plaintiff Harold Keith Manns - fourth plaintiff ABN AMRO Bank NV - first defendant Deon Joubert - second defendant Representation: Counsel: J Lockhart SC - plaintiffs M Darke - first defendant C O'Neill - second defendant Ms E Brookes - cross defendants Solicitors: Johnson Winter Slattery - plaintiffs Ashurst - first defendant Wotton + Kearney - second defendant Lander & Rogers - cross defendants File Number(s): 2008/50183