Sons of Gwalia Ltd v Margaretic

JurisdictionAustralia Federal only
CourtHigh Court
JudgeGleeson CJ
Judgment Date31 January 2007
Neutral Citation[2007] HCA 1,2007-0131 HCA A
Date31 January 2007
Docket NumberMatter No S208/2006
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24 cases
  • International Air Transport Association v Ansett Australia Holdings Ltd
    • Australia
    • High Court
    • 6 February 2008
    ...... [Priority determination of perpetual subordinated debt] (2004) 2 CBR (5th) 4 ; B Mullan & Sons Contractors Ltd v Ross [1996] NI 618 at 624-625; Hitachi Plant Engineering & Construction Co .... 43 Companies Act 1948 (UK), s 302; cf the Corporations Act, s 478. . 44 Sons of Gwalia Ltd v Margaretic (2007) 81 ALJR 525; 232 ALR 232; Foots v Southern Cross Mine Management Pty ......
  • Cornwell v R
    • Australia
    • High Court
    • 22 March 2007
    ...Ltd v Commissioner of State Revenue (2006) 80 ALJR 1509 at 1527–1528 [77]–[84]; 229 ALR 1 at 21–23; Sons of Gwalia Ltd v Margaretic (2007) 81 ALJR 525 at 552 [104]; 232 ALR 232 at 143 s 79. See also s 68(2): Solomons v District Court of New South Wales (2002) 211 CLR 119 at 134 [23], 145 [......
  • Marcolongo v Chen
    • Australia
    • High Court
    • 9 March 2011
    ...HCA 68. 13 Polyaire Pty Ltd v K-Aire Pty Ltd (2005) 221 CLR 287 at 295–296 [17]–[18]; [2005] HCA 32. 14 Sons of Gwalia Ltd v Margaretic (2007) 231 CLR 160 at 197 [73]–[74]; [2007] HCA 15 The Commonwealth v Cornwell (2007) 229 CLR 519 at 532–533 [40]–[45], 543–544 [74]–[75]; [2007] HCA 16. 1......
  • Foots v Southern Cross Mine Management Pty Ltd
    • Australia
    • High Court
    • 7 December 2007
    ...4 (2006) 196 FLR 419. 5 The interrelationship between proof of debts in bankruptcy and in corporate insolvency was considered in Sons of Gwalia Ltd v Margaretic (2007) 81 ALJR 525 at 557–558 [158]–[161]; 232 ALR 232 at 274–275. 6 (2005) 227 CLR 234 . 7 (1871) LR 7 Ch App 28 at 31–32. 8 (1......
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6 firm's commentaries
  • D&O: Shareholder reliance on misleading and deceptive conduct
    • Australia
    • Mondaq Australia
    • 16 June 2012
    ...Cas 187 3Ingot Capital Investments Pty Ltd v Macquarie Equity Capital Markets Ltd (2008) 73 NSWLR 653 and Sons of Gwalia Ltd v Margaretic [2007] HCA 1 The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your spec......
  • Shareholder Claims in Insolvency - Reversal of Sons of Gwalia
    • Australia
    • Mondaq Australia
    • 15 March 2010
    ...Introduction decision of the High Court in Sons of Gwalia Ltd (Subject to Deed of Company Arrangement) v Margaretic & Anor [2007] HCA 1 (Sons of Gwalia) has sparked significant debate as to whether shareholder claims against a company should be postponed until the claims of the company'......
  • ASIC Powers, Market Misconduct, Schemes of Arrangement and Sons of Gwalia
    • Australia
    • Mondaq Australia
    • 14 February 2010
    ...content obtained by the Australian Federal Police, and changes to the Corporations Act 2001 (Cth) in light of Sons of Gwalia v Margaretic [2007] HCA 1. We also look at a report released by the Corporate and Markets Advisory Committee (CAMAC) on members' schemes of In this edition: Governmen......
  • Corporate Update
    • Australia
    • Mondaq Australia
    • 7 March 2007
    ...ASX's Corporate Governance Consultation Paper Ranking of shareholder claims upgraded... or are they? : Sons of Gwalia Ltd v Margaretic [2007] HCA 1 Third Line Forcing Changes: Relief for Continous Disclosure Obligations - Damages Implications Continuous disclosure obligations apply to liste......
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