TW McConnell Pty Ltd as trustee for the McConnell Superannuation Fund v SurfStitch Group Ltd (administrators appointed) (No 2) [2018] NSWSC 1149

Supreme Court New South Wales

Medium Neutral Citation: TW McConnell Pty Ltd as trustee for the McConnell Superannuation Fund v SurfStitch Group Ltd (administrators appointed) (No 2) [2018] NSWSC 1149 Hearing dates: 5 July 2018 Decision date: 26 July 2018 Jurisdiction: Equity - Commercial List Before: Stevenson J Decision: Plaintiff entitled to access to documents produced on subpoena Catchwords: EVIDENCE – privilege – privilege against self-incrimination – statutory abrogation of privilege - where transcripts of examinations under s 19 of the Australian Securities and Investments Commission Act 2001 (Cth) produced to court by ASIC in response to a subpoena – where objection was taken during examinations under s 68(2) of the ASIC Act – whether inspection should be permitted Legislation Cited: Australian Crime Commission Act 2002 (Cth) Australian Securities and Investments Commission Act 2001 (Cth) Canada Act 1982 (UK) c 11, sch B pt 1 ('Charter of Rights and Freedoms') Civil Procedure Act 2005 (NSW) Corporations Act 2001 (Cth) United States Constitution Cases Cited: A v Boulton [2004] FCAFC 101; (2004) 136 FCR 420 Gemmell v Le Roi Homestyle Cookies Pty Ltd (in liq) [2014] VSCA 182; (2014) 46 VR 583 Hamilton v Oades [1989] HCA 21; (1989) 166 CLR 486 HKSAR v Lee Ming Tee [2001] 1 HKLRD 599 Johns v Australian Securities Commission [1993] HCA 56; (1993) 178 CLR 408 La Macchia v Minister for Primary Industries and Energy (1992) 110 ALR 201 Maronis Holdings Ltd v Nippon Credit Australia Ltd [2000] NSWSC 138; (2000) 18 ACLC 609 Mercedes Holdings Pty Ltd v Waters (No 7) [2013] FCA 138 Re Australian Property Custodian Holdings Ltd (No 3) [2013] VSC 154; (2013) 275 FLR 327 Reid v Howard [1995] HCA 40; (1995) 184 CLR 1 Shaw v Yarranova Pty Ltd [2006] VSC 45 Shipley v Masu Financial Management Pty Ltd [2008] NSWSC 1187 Smith v R [2007] WASCA 163; (2007) 63 ACSR 445 Sorby v The Commonwealth [1983] HCA 10; (1983) 152 CLR 281 Watson v AWB Ltd (No 3) [2009] FCA 1174; (2009) 181 FCR 96 X7 v Australian Crime Commission [2013] HCA 29; (2013) 248 CLR 92 Texts Cited: Australian Securities and Investments Commission, Regulatory Guide 103: Confidentiality and release of information (1995) R P Austin and A J Black, Austin & Black's Annotations to the Corporations Act (looseleaf, LexisNexis Butterworths) Category: Procedural and other rulings Parties: TW McConnell Pty Ltd as trustee for the McConnell Superannuation Fund (Plaintiff) SurfStitch Group Ltd (in administration) (First Defendant) Justin Peter Cameron (Second Defendant) Representation: Counsel: T Chalke (Plaintiff) M Izzo (First Defendant) N M Bender (Second Defendant)