Coffee and a Case Note

Miao v I Need A Massage Pty Ltd [2019] FCA 1199


Listen Later

P and D agreed to cause a Co (“I Need A Massage Pty Limited”) to purchase a massage business.


P and D made equal contributions to the Co for expenses.

P and D’s relationship broke down. D excluded P from the business. D removed P as a director without P’s consent or proper authority: [39], [43]. D altered P’s shareholding on the share register – reducing it to nil – without P’s consent or proper authority: [39], [44]

D caused the Co to sell the business and retained the proceeds: [57]

P sought to wind up the Co on the basis of corporate oppression.

The Court found D’s conduct in removing P as a director without P’s consent, reducing P’s shareholding to nil, and preventing P from participating in the Co was commercially unfair: [52]

The next question: should the Court exercise its discretion to make the wind up order – an “extreme step”: [55]

There was no other remedy for P meaning a wind up order was made: [57], [58]

...more
View all episodesView all episodes
Download on the App Store

Coffee and a Case NoteBy James d'Apice

  • 5
  • 5
  • 5
  • 5
  • 5

5

2 ratings


More shows like Coffee and a Case Note

View all
Newshour by BBC World Service

Newshour

1,064 Listeners

Law Report by ABC Australia

Law Report

18 Listeners

Conversations by ABC Australia

Conversations

838 Listeners

All In The Mind by ABC Australia

All In The Mind

780 Listeners

The Economy, Stupid by ABC Australia

The Economy, Stupid

30 Listeners

Politics Now by ABC Australia

Politics Now

92 Listeners

NAB Morning Call by Phil Dobbie

NAB Morning Call

18 Listeners

Lawyers Weekly Podcast Network by Momentum Media

Lawyers Weekly Podcast Network

1 Listeners

If You're Listening by ABC Australia

If You're Listening

332 Listeners

FT News Briefing by Financial Times

FT News Briefing

653 Listeners

Behind the Money by Financial Times

Behind the Money

234 Listeners

Full Story by The Guardian

Full Story

169 Listeners

15 Minutes with the Boss by The Australian Financial Review

15 Minutes with the Boss

10 Listeners

Chanticleer by Australian Financial Review

Chanticleer

20 Listeners

The Fin by Australian Financial Review

The Fin

23 Listeners