FUTURIS CORPORATION LTD and ANOR v EXICOM LTD [1995] NSWCA 159

Leave to appeal from the interlocutory order should be refused, as there are no exceptional circumstances and the issues can be addressed after the final hearing if required.

Parties: Claimant: Futuris Corporation Ltd; Opponent: Exicom Ltd
Jurisdiction: Australia
Judgment Date: 30 October 1995
Procedural Posture: Application for Leave to Appeal / Interlocutory
Outcome: application for leave to appeal dismissed
Legal Topics: Insider Trading, Interlocutory Appeals

Corporations Insider Trading Interlocutory Appeals

Case Brief

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Parties

Futuris Corporation Ltd

Claimant

Exicom Ltd

Opponent

Procedural Posture

Application for Leave to Appeal / Interlocutory

Legal Issues

1 Whether leave to appeal should be granted from an interlocutory decision allegedly involving breach of s1002G of Corporations Law

Ratio Decidendi

Leave to appeal from the interlocutory order should be refused, as there are no exceptional circumstances and the issues can be addressed after the final hearing if required.

Court Disposition

application for leave to appeal dismissed

Orders

summons for leave to appeal is dismissed
the claimant must pay the opponent's costs