Quantum Investments (Aust) Pty Ltd v Zhi Wei Lin trading as Jack Lin (No 2)

The case of Quantum Investments (Aust) Pty Ltd v Zhi Wei Lin trading as Jack Lin (No 2) involved a dispute between the plaintiff, Quantum Investments, and the defendant, Mr Lin, who traded as Jack Lin. The plaintiff alleged that the defendant had engaged in misleading or deceptive conduct in contravention of the Australian Consumer Law, specifically under section 18. Quantum Investments sought damages for losses incurred due to the defendant's actions. The case was heard in the Federal Court of Australia.

The primary legal issue before the court was whether the defendant's conduct amounted to misleading or deceptive conduct under the Australian Consumer Law. Additionally, the court had to determine the appropriate quantification of damages for the losses suffered by Quantum Investments. The court also considered the issue of costs, specifically whether the general rule that costs follow the event should apply.

The Federal Court found that the defendant had indeed engaged in misleading or deceptive conduct, which led to losses for Quantum Investments. In quantifying the loss, the court considered the evidence presented by Quantum Investments and determined that the losses were directly attributable to the defendant's conduct. Regarding costs, the court held that the general rule that costs follow the event applied, and therefore, Quantum Investments was entitled to costs from Mr Lin. The court awarded damages and costs to Quantum Investments, reflecting its findings on liability and the appropriate quantification of loss.