7 Feb 2013
INSUREGO LIMITED V PETER ALLAN HARRIS HC AK CIV 2010-404-003789
- Citation
- openlaw-75c72f78_85e3_4714_9e29_be60f05bfd18.pdf
- Court
- High Court
Summary judgment was refused because material factual and legal issues remained unresolved on the affidavits: the identity and existence of any material non-public information; the defendants' status and the nature of the acquisition; the integrated nature of the overall settlement agreements; and the significant limitations and contested assumptions in the plaintiffs' valuation evidence, such that a reasonably arguable defence existed and a full trial or further factual inquiry was required.