Hillam v Ample Source International Limited (No 3) [2012] FCAFC 88
The proposed further evidence lacked sufficient cogency and was either available or could have been tested at trial; the acquisition offer was speculative and did not provide a realistic prospect of generating $25 million by 15 May 2012. Leave to adduce further evidence is refused.
- Parties
- First Appellant: John Hillam; Second Appellant: Sarobol Teeranukul; First Respondent: Ample Source International Limited; Second Respondent: Bonython Metals Group Pty Limited
- Jurisdiction
- Australia
- Judgment Date
- 01 May 2012
- Procedural Posture
- Appeal / Application to Adduce Further Evidence at Hearing of Appeal
- Outcome
- The appellants' application for leave to adduce further evidence is rejected.
- Legal Topics
- Leave to Adduce Further Evidence on Appeal, Reopening at First Instance, Winding Up of Company
Case Brief
Summary, issues, holding and outcome
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Parties
John Hillam
First Appellant
Sarobol Teeranukul
Second Appellant
Ample Source International Limited
First Respondent
Bonython Metals Group Pty Limited
Second Respondent
Procedural Posture
Appeal / Application to Adduce Further Evidence at Hearing of Appeal
Legal Issues
- 1 Whether leave should be granted to adduce further evidence on appeal
- 2 Relevance and cogency of proposed fresh evidence
- 3 Whether appellants were wrongly refused leave to reopen at first instance
Ratio Decidendi
The proposed further evidence lacked sufficient cogency and was either available or could have been tested at trial; the acquisition offer was speculative and did not provide a realistic prospect of generating $25 million by 15 May 2012. Leave to adduce further evidence is refused.
Court Disposition
The appellants' application for leave to adduce further evidence is rejected.
Orders
- The appellants' application for leave to adduce further evidence on the hearing of the appeal be rejected.
Full Case Text
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