CONSUMER LAW — misleading or deceptive conduct — representations as to future matters — silence or non-disclosure — alleged representations by first defendant as to ongoing operation of the first plaintiff’s business, lease of business premises, value of business, establishment of competing business, and terms of deed of settlement — insufficient evidence that the pleaded representations were made — insufficient evidence of and evidence contraindicating reliance by plaintiffs on alleged representations — HELD — claims of misleading or deceptive conduct against first defendant dismissed — deed of settlement applies in accordance with its terms
CORPORATIONS — directors and officers — whether first defendant was an officer of the first plaintiff — s 9AD(1)(b) Corporations Act — where first defendant participated in some decisions affecting corporation’s business — insufficient to make him an officer of the company — directors’ duties — alleged breach by third defendant of statutory and fiduciary duties — duty not to use information improperly — duty not to use position as director improperly — duty of care and diligence — duty to act in good faith in best interests of company — alleged breaches involving failure to exercise lease option, establishing competing business, and taking staff and business — insufficient evidence of pleaded conduct by third defendant said to constitute breaches — HELD — first defendant not an officer of first plaintiff; unnecessary to determine associated claims against him — claim against third defendant dismissed
EQUITY — breach of confidence — first defendant’s access to first plaintiff’s confidential business and financial information — alleged misuse by first defendant — plaintiffs’ failure to identify confidential information with precision — failure to particularise misuse or resulting loss to plaintiffs — HELD — breach of confidentiality claim against first defendant dismissed
Michael Collins appeared for the first, second seventh and eighth defendants, led by Miles Condon SC.
Reasons for the judgment can be found here.