Joffe v R; Stromer v R [2012] NSWCCA 277

Court of Criminal Appeal Supreme Court New South Wales Medium Neutral Citation: Joffe v R; Stromer v R [2012] NSWCCA 277 Hearing dates: 10 September 2012 Decision date: 14 December 2012 Before: Bathurst CJ at [1] Allsop P at [25] Barrett JA at [119] Decision: In each application: 1.Leave to appeal granted. 2.Appeal dismissed. Catchwords: CRIMINAL LAW - corporations - financial services and markets - market misconduct and other prohibited conduct - insider trading provisions of Corporations Act 2001 (Cth) - definition of "financial product" - definition of "credit facility" - definition of "derivative" - spot trading - contracts for difference Legislation Cited: Corporations Act 2001 (Cth), Pt 7.1, Pt 7.10 Corporations Regulations 2001 (Cth), r 7.1.06 Criminal Appeal Act 1912 (NSW), s 5F Cases Cited: Alcan (NT) Alumina Pty Limited v Commissioner of Territory Revenue [2009] HCA 41; (2009) 239 CLR 27 Deta Nominees Pty Ltd v Viscount Plastic Products Pty Ltd [1979] VR 167 Federal Commissioner of Taxation v Consolidated Media Holdings Ltd [2012] HCA 55 International Litigation Partners Pte Ltd v Chameleon Mining NL [2012] HCA 45 International Litigation Partners Pte Ltd v Chameleon Mining NL [2011] NSWCA 50; (2011) 276 ALR 138 Lee v Griffin (1861) 1 B & S 272; 121 ER 716 Pacific Film Laboratories Pty Ltd v Federal Commissioner of Taxation [1970] HCA 36; (1970) 121 CLR 154 Robinson v Graves [1935] 1 KB 579 Category: Principal judgment Parties: Daniel Shayne Joffe (Appellant in 2010/34654) Nathan Stromer (Appellant in 2010/40493) Regina (Respondent) Representation: B W Walker SC and J A C Potts (Appellant - Daniel Shayne Joffe) H K Dhanji SC (Appellant - Nathan Stromer) C R C Newlinds SC and J C Giles (Respondent) Speed and Stracey (Appellant - Daniel Shayne Joffe) Johnson Winter and Slattery (Appellant - Nathan Stromer) Office of the Commonwealth DPP (Respondent) File Number(s): 2010/34654 2010/40493 Decision under appeal Jurisdiction: 9111 Citation: [2012] NSWSC 972 Date of Decision: 2012-08-16 00:00:00 Before: Hall J File Number(s): 2010/34654 2010/40493