Contract - Placement agreements providing for the issue of shares - Whether obligation to pay subscription sum conditional on shareholder approval of placement - Whether approval vitiated by alleged failure to provide shareholders with all information material and reasonably necessary to decide whether to approve placement
Tort - Inducement of breach of contract - Measure of damages for loss of capital injection
Practice and procedure - Application to adjourn trial - Where defendants deliberately refrained from instructing lawyers until just before the trial - Where defendants had no substantial presence in Australia - Deemed admissions
Case Details
Citation[2016] WASC 22
CourtWASC
JurisdictionWestern Australia
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