ASIC v Macdonald (No 12) [2009] NSWSC 714

CORPORATIONS - Supervision, Regulation and Correction - breaches of civil penalty and other provisions - whether should be relieved from liability under s 1317S(2) or s 1318(1) of the Corporations Act - whether acted honestly - whether prohibition orders should be made under s 206C or s 206E - whether pecuniary penalty orders should be made under s 1317G(1) and s 1317G(1A)
COSTS - whether separate issues constituted by a group of discrete issues - whether no order for costs where the plaintiff succeeds on one separate issue and fails on another

Acted for the Australian Securities and Investments Commission, with Tony Bannon SC & Robert Beech-Jones SC, instructed by Clayton Utz