Re Geneva Finance Ltd (Receiver and Manager Appointed)

Case

[2001] WASC 302 (S)

No judgment structure available for this case.

RE GENEVA FINANCE LTD (Receiver and Manager Appointed); EX PARTE PETER RAYMOND QUIGLEY (The Receiver and Manager of GENEVA FINANCE LTD (Receiver and Manager Appointed)) [2001] WASC 302 (S)



SUPREME COURT OF WESTERN AUSTRALIACitation No:[2001] WASC 302 (S)
Case No:COR:222/200112 NOVEMBER 2001
Coram:MASTER SANDERSON6/11/01
14/11/01
3Judgment Part:1 of 1
Result: Supplementary reason
B
PDF Version
Parties:PETER RAYMOND QUIGLEY (The Receiver and Manager of GENEVA FINANCE LTD (Receiver and Manager Appointed))
ALAN HAROLD BOYS
KEVIN ERNEST JUDGE
RONALD GEORGE HOWARD
ANTHONY HAYES DOUGLAS-BROWN
DESMOND FRANK CRAWLEY

Catchwords:

Practice and procedure
Correction of error in earlier decision

Legislation:

Nil

Case References:

Boys v Australian Securities Commission (1997) 24 ACSR 1
Re Geneva Finance Ltd (Receiver and Manager Appointed); Ex Parte Peter Raymond Quigley (The Receiver and Manager of Geneva Finance Ltd (Receiver and Manager Appointed)) [2001] WASC 302

Nil

JURISDICTION : SUPREME COURT OF WESTERN AUSTRALIA
    IN CHAMBERS
CITATION : RE GENEVA FINANCE LTD (Receiver and Manager Appointed); EX PARTE PETER RAYMOND QUIGLEY (The Receiver and Manager of GENEVA FINANCE LTD (Receiver and Manager Appointed)) [2001] WASC 302 (S) CORAM : MASTER SANDERSON HEARD : 12 NOVEMBER 2001 DELIVERED : 6 NOVEMBER 2001 SUPPLEMENTARY
DECISION : 14 NOVEMBER 2001 FILE NO/S : COR 222 of 2001 MATTER : GENEVA FINANCE LTD (Receiver and Manager Appointed) (ACN 009 168 147)

EX PARTE

    PETER RAYMOND QUIGLEY (The Receiver and Manager of GENEVA FINANCE LTD (Receiver and Manager Appointed))
    Plaintiff



Catchwords:

Practice and procedure - Correction of error in earlier decision




Legislation:

Nil



(Page 2)

Result:

Supplementary reason




Category: B


Representation:


Counsel:


    Plaintiff : Mr K L Christensen
    Applicants : Mr J Garas


Solicitors:

    Plaintiff : Tottle Christensen
    Applicants : Mallesons Stephen Jaques


Case(s) referred to in judgment(s):

Boys v Australian Securities Commission (1997) 24 ACSR 1
Re Geneva Finance Ltd (Receiver and Manager Appointed); Ex Parte Peter Raymond Quigley (The Receiver and Manager of Geneva Finance Ltd (Receiver and Manager Appointed)) [2001] WASC 302

Case(s) also cited:



Nil

(Page 3)

1 MASTER SANDERSON: On 6 November 2001, I published reasons allowing in part an application by proposed examinees to set aside or vary examination summonses issued against them: see Re Geneva Finance Ltd (Receiver and Manager Appointed); Ex Parte Peter Raymond Quigley (The Receiver and Manager of Geneva Finance Ltd (Receiver and Manager Appointed)) [2001] WASC 302. In par 10 of those reasons, I referred to an authorisation given to the plaintiff by the ASC, that authorisation subsequently being challenged in the Federal Court in the decision of Boys v Australian Securities Commission (1997) 24 ACSR 1. Prior to the making of orders, counsel for the proposed examinees pointed out that, in fact, the plaintiff applied for the examination summonses pursuant to an authorisation of ASIC dated 3 May 2001, which appears as annexure "PRQ 2" to the affidavit of the plaintiff sworn 28 June 2001 and filed in support of this application.

2 In referring to the ASC authorisation I was in error. Nonetheless, the mistake in no way alters my views in relation to the application. Carr J's decision in Boys v Australian Securities Commission (supra) determined that there was no conflict of interest between the plaintiff's position as an agent of the ASC and the receiver manager appointed by the ASC. Nothing has changed. No conflict of interest was established in relation to the authorisation of the plaintiff by the ASC and no conflict of interest has been established in relation to the authorisation by the ASIC.

3 For these reasons, allowing for the error of fact in par 10, my conclusion remains unaltered.

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