Sotiropoulos v Bico Designs Pty Ltd [2013] FCA 25

Sotiropoulos v Bico Designs Pty Ltd [2013] FCA 25

The Deed should not be set aside because the applicant failed to prove that the alleged representations were made or that any alleged representation materially induced her to enter into the Deed. Objectively, the applicant entered the Deed to secure removal as president of Bico USA, avoid further legal costs, and obtain the settlement amount, and the release in the Deed therefore barred the proceeding.

Jurisdiction
Australia
Judgment Date
29 January 2013
Procedural Posture
Trade Practices Proceeding Seeking Relief Under the Trade Practices Act 1974 (cth) and the Fair Trading Act 1987 (nsw) / Determination of a Separate Question Whether a Deed of Settlement Dated 23 May 2008 Should Be Set Aside Pursuant to S 87 of the Trade Practices Act 1974 (cth)
Outcome
Proceeding dismissed.
Legal Topics
['reliance on Representations' 'causation Under S 87 of the Trade Practices Act 1974 (cth)' 'settlement Deed and Release' 'discovery Obligations' 'misleading or Deceptive Conduct by Silence']

Case Brief

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Procedural Posture

Trade Practices Proceeding Seeking Relief Under the Trade Practices Act 1974 (cth) and the Fair Trading Act 1987 (nsw) / Determination of a Separate Question Whether a Deed of Settlement Dated 23 May 2008 Should Be Set Aside Pursuant to S 87 of the Trade Practices Act 1974 (cth)

  1. 1 ['Whether the applicant was induced by alleged misleading or deceptive conduct to enter into the deed of settlement dated 23 May 2008.' 'Whether the respondents represented, by discovery, that the Austrade applications did not exist or were not in their possession or control.' 'Whether representations were made that the applicant was not an employee of Bico Designs while working for Bico USA, despite alleged contrary representations in the Austrade applications.' "Whether Mr Grossman's failure to disclose an ASIC investigation was misleading or deceptive conduct by silence." 'Whether the deed should be set aside pursuant to s 87 of the Trade Practices Act 1974 (Cth).']

Ratio Decidendi

The Deed should not be set aside because the applicant failed to prove that the alleged representations were made or that any alleged representation materially induced her to enter into the Deed. Objectively, the applicant entered the Deed to secure removal as president of Bico USA, avoid further legal costs, and obtain the settlement amount, and the release in the Deed therefore barred the proceeding.

Court Disposition

Proceeding dismissed.

Orders

  • ['The proceeding be dismissed.' "The applicant pay the respondents' costs, as agreed or taxed."]