FEDERAL COURT OF AUSTRALIA
Duxbury v Pierce [2010] FCA 203
Citation: Duxbury v Pierce [2010] FCA 203 Parties: BRUCE LYALL DUXBURY, PAUL DAMIAN KINNANE, GLENN STUART BLAKISTON, SIMON BRETT BLAKISTON, B. DIMENSIONAL PTY LTD (ACN 094 847 793) and JAMES PATRICK EAVES v ROGER BRIAN PIERCE and DAVID COLIN HUGHEY File number(s): VID 991 of 2007 Judge: MARSHALL J Date of judgment: 12 March 2010 Catchwords: TRADE PRACTICES – quantum of loss or damage under s52 – apportionment of loss or damage – interest on loss or damage Legislation: Trade Practices Act 1974 (Cth) ss 52, 82, 87, 87CB, 87CC Cases cited: Duxbury v Pierce [2009] FCA 367
Duxbury v Pierce [2009] FCAFC 164
I & L Securities Pty Ltd v HTW Valuers (Brisbane) Pty Limited (2002) 210 CLR 109Date of hearing: 5 March 2010 Date of last submissions: 5 March 2010 Place: Melbourne Division: GENERAL DIVISION Category: Catchwords Number of paragraphs: 36 Counsel for the Applicants: Mr S Minahan Solicitor for the Applicants: Hicks Oakley Chessell Williams First Respondent: Mr R Pierce appeared for himself Second Respondent: There was no appearance by the Second Respondent
IN THE FEDERAL COURT OF AUSTRALIA
VICTORIA DISTRICT REGISTRY
GENERAL DIVISION
VID 991 of 2007
BETWEEN: BRUCE LYALL DUXBURY
First ApplicantPAUL DAMIAN KINNANE
Second ApplicantGLENN STUART BLAKISTON
Third ApplicantSIMON BRETT BLAKISTON
Fourth ApplicantB. DIMENSIONAL PTY LTD (ACN 094 847 793)
Fifth ApplicantJAMES PATRICK EAVES
Sixth ApplicantAND: ROGER BRIAN PIERCE
First RespondentDAVID COLIN HUGHEY
Second Respondent
JUDGE:
MARSHALL J
DATE OF ORDER:
12 MARCH 2010
WHERE MADE:
MELBOURNE
THE COURT ORDERS THAT:
1.Subject to Order 3 below, pursuant to s 82 of the Trade Practices Act 1974 (Cth):
(a)the respondents pay the first applicant $217,048.30;
(b)the respondents pay the sixth applicant $293,232.72;
(c)the first respondent pay the second applicant $195,498.00;
(d)the second respondent pay the second applicant $55,498.00;
(e)the first respondent pay the third, fourth and fifth applicants $281,491.00;
(f)the second respondent pay the third, fourth and fifth applicants $70,831.00.
2.The respondents pay the applicants’ costs of the proceeding, including reserved costs, to be taxed in default of agreement.
3.Pursuant to s 51A of the Federal Court of Australia Act 1976 (Cth), the respondents pay interest on the sums in Order 1 as follows:
(a)to the first applicant
(i)by the first respondent – 6.5% from 1 February 2004 to 24 January 2005;
(ii)by the second respondent – 6.5% from 1 February 2004 to the date of this order.
(b)to the second applicant
(i)by the first respondent – 6.5% from 9 June 2004 to 15 September 2004;
(ii)by the second respondent – 6.5% from 9 June 2004 to the date of this order.
(c)to the third, fourth and fifth applicants
(i)by the first respondent – 6.5% from 26 August 2004 to 14 December 2004;
(ii)by the second respondent – 6.5% from 26 August 2004 to the date of this order.
(d)to the sixth applicant
(i)by the first respondent – 6.5% from 5 November 2004 to 24 December 2004;
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- Duxbury v Pierce [2010] FCA 203
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CaseChat Overview and Summary
The court found that the applicants had suffered loss as a result of the respondents' conduct, including misrepresentations and failure to disclose important information about the financial health of the joint venture. The court assessed the losses for each applicant and determined the amount of compensation to be awarded. The court also considered the issue of apportionment of liability between the two respondents, finding that they were both liable for the full amount of the loss suffered by the applicants.
The court ordered the respondents to pay compensation to each of the applicants, with the amounts varying depending on the specific losses incurred by each applicant. The court also ordered the respondents to pay interest on the compensation amounts, at a rate of 6.5%, and the applicants' costs of the proceeding. The court's orders were made pursuant to s 82 of the Trade Practices Act and s 51A of the Federal Court of Australia Act 1976 (Cth).
In summary, the court found the respondents liable for the full amount of the loss suffered by the applicants and ordered them to pay compensation, interest, and costs. The court's decision provides guidance on the assessment of loss and apportionment of liability in cases involving breaches of s 52 of the Trade Practices Act.
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