16 Feb 2007
EFFECTIVE FENCING LTD V CHAPMAN AND ANOR CA CA84/05
- Citation
- openlaw-621ed2d2_2188_4658_987a_2b6b2698cf3c.pdf
- Court
- Court of Appeal
The Court held the $200,000 payment was a disposition of Upstairs' property for no consideration within s298; the O'Connors exercised de facto control of both companies such that Effective Fencing was an associated company for s298(2)(c); and summary judgment was properly granted because any potential claim against Ernst & Young raised distinct issues of liability and causation and did not present a real risk of producing a different outcome in the liquidators' claim.