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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26 cases
  • International Air Transport Association v Ansett Australia Holdings Ltd
    • Australia
    • High Court
    • 6 February 2008
    ...(‘the Corporations Act’), s 555. 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 Ltd [2007] HCA 45 s 440B. 46 s 440C. 47 s 440F. 48 Ansett Australia Holdings Ltd......
  • 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......
  • Australian Securities and Investments Commission v GetSwift Limited (Liability Hearing)
    • Australia
    • Federal Court
    • 10 November 2021
    ...Act and ss 12DA and 12DB of the ASIC Act. Justice Martin (at 94 [152]) cited the following paragraph from Sons of Gwalia Ltd v Margaretic [2007] HCA 1; (2007) 231 CLR 160 (at 214 [135] per Hayne JA):Justice Hayne (with whom Kirby J (on this point), Heydon and Crennan JJ agreed) said:A perso......
  • 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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7 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......
  • 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......
  • Corporate Law News - November 2007
    • Australia
    • Mondaq Australia
    • 26 November 2007
    ...to claims made as creditors in the external administration of a company was redefined by the decision in Sons of Gwalia v Ltd v Margaretic [2007] HCA 1. CAMAC is inviting submissions in relation to a discussion paper released by its Advisory Committee in September, which considers the impli......
  • CAMAC Report On Claims By Shareholders Against Insolvent Companies: Implications Of The Sons Of Gwalia Decision
    • Australia
    • Mondaq Australia
    • 6 March 2009
    ...against insolvent companies: implications of the Sons of Gwalia decision (the Report). In considering Sons of Gwalia Ltd v Margaretic [2007] HCA 1 (the Gwalia decision) CAMAC discussed appropriate balance between investor and creditor rights in insolvency law. CAMAC recommended that there b......
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