PRACTICE AND PROCEDURE – application for default judgment pursuant to r 5.23(2)(c) of the Federal Court Rules 2011 (Cth) – where second, third and fourth respondents have failed to comply with Court orders and failed to appear – where second, third and fourth respondents have failed to file notice of address for service – where second, third and fourth respondents in default of appearance – applicant entitled to relief in relation to oppression and derivative claims for breaches of fiduciary duties and ss 180-183 of the Corporations Act 2001 (Cth) – relief granted
Related cases on shareholder oppression
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Sharif v Vitruvian Investments Pty Ltd (No 3) [2023] FCA 920
CORPORATIONS – where shares cancelled without complying with the statutory procedure for a selective reduction of capital – where relief sought by company under s 1322 of the Corporations Act 2001 (Cth) for Court to grant relief – where shareholder claims conduct in cancelling shares and other conduct to be oppressive under s 232 of…
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Leviston v PQ Management Pty Ltd (No 3) [2023] FCA 986
EVIDENCE – expert evidence – valuation of shareholding – application of capitalisation of future maintainable earnings method – challenge to the correctness of the result of the valuation exercise – where the expert in part performed a calculation in accordance with accounting standards – whether the expert erred in placing weight on particular data points…
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Kidd v Kwek (No 2) [2024] FCA 194
PRACTICE AND PROCEDURE – application for default judgment pursuant to r 5.23(2)(c) of the Federal Court Rules 2011 (Cth) – where second, third and fourth respondents have failed to comply with Court orders and failed to appear – where second, third and fourth respondents have failed to file notice of address for service – where…
