Zhang v Whyte Management Company Limited [2014] NSWDC 152

District Court New South Wales

Medium Neutral Citation: Zhang v Whyte Management Company Limited [2014] NSWDC 152 Hearing dates: 14 and 15 April 2014 Decision date: 15 April 2014 Jurisdiction: Civil Before: P Taylor SC DCJ Decision: (1) Judgment against the defendants in favour of the first plaintiff for the sum of $110,099.93. (2) Judgment against the defendants in favour of the second plaintiff for the sum of $21,997.01. (3) Judgment against the defendants in favour of the third plaintiff in the sum for $21,859.31. (4) The defendants pay the plaintiffs' costs. Catchwords: REPRESENTATION - misleading - to third party - about a future matter - taken to be misleading - interest - comparison with interest on contractual claim Legislation Cited: Australian Securities and Investment Commission Act 2001, s 12BB Cases Cited: De Costi Seafoods (Franchises) Pty Limited and Anor v Wachtenheim and Anor (No 3) [2013] NSWDC 54 Gould v Vaggelas (1984) 157 CLR 215 Janssen Cilag Pty Ltd v Pfizer Pty Ltd (1992) 109 ALR 638 Category: Principal judgment Parties: Liqiang Zhang (first plaintiff) Hongpeng Wang (second plaintiff) Xiaoying Bi (third plaintiff) Whyte Management Company Limited ACN 143 744 503 (first defendant) Timothy Alford (second defendant) Representation: Mr S Goodwin (plaintiffs) Rankin Ellison Lawyers (plaintiffs) Dinley Lawyers (second defendant) File Number(s): 2013/187020 Publication restriction: None