Hodges v Waters [2014] FCA 1343 | Case summary

Pursuant to sections 33V and 33ZF of the Federal Court of Australia Act 1976 (Cth) (the Act), the Court approves the settlement of the proceedings against the first and second respondents (KPMG Parties) on the terms: a. set out in the confidential Deed of Settlement executed by the Applicants, the Respondents, Wellington Capital Limited, and IMF Bentham Limited on 18 August 2014 (Deed of Settlement), being Confidential Exhibit RGJ-5 to the affidavit of Robert Guy Johnston sworn on 21 August 2014; and b. set out in the Settlement Distribution Scheme contained in Confidential Exhibit RGJ-8 to the affidavit of Robert Guy Johnston sworn on 4 December 2014. 2. Pursuant to section 33ZF of the Act, the Group Members in the schedule annexed to these orders are: a. deemed to have registered a claim in this proceeding and to be entitled to receive a distribution from any amount agreed in settlement of the proceeding; and b. to be included in a Final List of Registered Group Members which is to be filed in the Court by 9 December 2014, in an envelope marked "Confidential Final List of Registered Group Members - Not to be opened without leave of the Court or a Judge" with that list to supersede the List of Registered Group Members filed with the Court on 22 October 2014. 3. Pursuant to section 33ZF of the Act, or otherwise, Robert Johnston and Robert Wyld of Johnson Winter & Slattery be appointed as Administrators of the Settlement Distribution Scheme to act in accordance with the rules of the Settlement Distribution Scheme. 4. Pursuant to section 33ZF of the Act, the amount of $23,600 to be paid from the Settlement Sum to the Applicant, Charles Hodges, in his personal capacity, by the Administrators of the Settlement Distribution Scheme, in addition to any payment to be made to Charles Hodges as trustee of the Charles Hodges Superannuation Fund in accordance with the terms of the Settlement Deed and the Settlement Distribution Scheme. 5. Pursuant to section 33ZF of the Act, or otherwise, the Court authorises the Applicants nunc pro tunc on behalf of the Group Members as defined in paragraph 12 of the Further Amended Statement of Claim filed in the proceeding and dated 24 June 2013, other than those who have opted out of the proceeding pursuant to section 33J of the Act as of 4pm on 7 May 2014 (Group Members) to enter into and give effect to the Deed of Settlement and the transactions contemplated thereby for and on behalf of those Group Members. 6. Pursuant to section 33ZB and section 33ZF of the Act, the persons affected and bound by orders 1 to 4 are the Applicants, the KPMG Parties and the Group Members. 7. Robert Johnston and Robert Wyld of Johnson Winter & Slattery have liberty to apply for directions in connection with the Settlement Distribution Scheme. 8. Until further order, on the grounds that it is necessary to prevent prejudice to the proper administration of justice, the following affidavits, exhibits and annexures and the contents therefore be ordered confidential within the meaning of regulation 2.32(1)(b) of the Federal Court Rules 2011 and their publication and disclosure be restricted within the meaning of section 37AF(1)(b)(i) of the Act in accordance with order 9 herein: a. the documents which comprise Confidential Exhibit RGJ-8 to the affidavit of Robert Guy Johnston sworn 4 December 2014, and not be disclosed to any person other than by order of a Judge of the Court. 9. To give effect to order 8, the affidavits, exhibits and annexures referred to in that order are to remain on the Court file in sealed envelope(s) marked "Confidential Affidavit - Not to be Opened Except by Direction of a Judge of the Court". 10. There be no order as to costs in respect of the application under section 33V of the Act on 8 December 2014. Note: Entry of orders is dealt with in Rule 39.32 of the Federal Court Rules 2011.

SCHEDULE OF ADDITIONAL REGISTRANTS NAME UNITS OMITTED REGISTRANTS 1 MARGARET MARY PROUTING 20,000 2 LEONARD A COLE & ESTHER FROSTT 47,919 3 MISS E R VANOLINI 4,916.00 4 PROF AINSLIE GLENISTER ROSS SHEIL 315,493.59 5 MISS LEAH CLAIRE ROBERTSON 19,566.44 6 MR ROBERT JOSEPH PEREIRA 18,392.31 7 Estate of Elizabeth Davis 209,044.14 635,331.48 ADDITIONAL LATE REGISTRANTS 1 R G & T M Hall ATF Hall R & T Super Fund 5,000 2 MISS REECHA GOGNA 5,661 3 MR DAVID STANDVEN EDDINGTON 5,669 4 MISS P M & MRS A HARWOOD ATF HARWOOD SUPER FUND 10,000 5 SAGIS CONSULTING PTY LTD 10,000 6 MS LYNETTE ALICE ORCHARD 10,000 7 JASON FEY & ROBYN JANE HARWOOD 10,000 8 MS MARGARET JEAN LOUGHREY 10,000 9 MR SAMUEL ERIC MARRIOTT & MRS JEANETTE ANNE MARRIOTT 10,310 10 Michael Charles Harding 10,353 11 MR KEITH SHORLAND AND MRS MARJORIE MEREDITH SHORLAND 10,643 12 DR G FELETTI 11,399 13 ELISABETH MUNRO ATF THOMAS, GEORGIA, ADRIENNE & LEWIS MUNRO 11,914 14 WATERBRIDGE INVESTMENTS PTY LTD 12,074 15 Mr Robert Charles Ferris 13,302 16 MRS JUNE LOUISE OOI 14,598 17 MR P J & MRS J O GORMLEY 14,758 18 MRS ALISON LEA TARRANT 17,000 19 MS TANIA SHERWOOD 18,971 20 WALSH ASSOCIATES PTY LTD STAFF SUPER FUND 20,000 21 MRS MARY BLOOMFIELD & MISS CATHERINE BLOOMFIELD 20,000 22 F H PITMAN & CO PTY LTD 20,000 23 MS Lynette Reeves 20,000 24 MACQUARIE UNIVERSITY SINGERS 20,000 25 MR NORMAN L YARMOUTH AND MRS BEVERLEY ANNE YARMOUTH 22,282 26 MRS LISA RENEE KNABE 22,580 27 MR DAVID ALEXANDER SALAMY & MRS LINDA MARGARET SALAMY 23,000 28 MR IVANO MELOSI 23,163 29 MISS MEGHA GOGNA 23,405 30 MR A W & MRS R I FOX 25,000 31 MR E D & MRS M NORTH 25,000 32 Mrs Denise Forsyth 25,250 33 MR JEFFREY CHIVELL & MRS SANDRA CHIVELL ATF CHIVELL SUPER FUND A/C 26,807 34 MRS KRISHNA GOGNA 26,878 35 MS GILLIAN THOMAS 27,345 36 MRS A FELETTI 27,848 37 MS P DRURY 28,101 38 MRS REINE MARIE MARLENE LAJOIE 30,000 39 MR KENNETH ROGER WEBSTER AND MRS HELEN JOY WEBSTER 30,080 40 MR WALTER MICALLEF AND MRS ANGELA MICALLEF 32,963 41 MR HARRIE GEORGE FURNER & MRS COLEEN ANNETTE FURNER 33,381 42 MRS VICTORIA MARY MATTHEWS 34,430 43 MR RICHARD ALAN HARTZER AND MRS ANNE JOY HARTZER 34,715 44 MR GREG FLOWER & MRS MAURITA FLOWER 36,706 45 MRS KAY WEEDEN 40,000 46 MRS PAULINE STRAIN 40,000 47 MR A C HANNAN 40,300 48 MR JOHN MICHAEL CAREY 41,705 49 MR CHARLES JOSEPH VASSALLO 45,000 50 MR RAYMOND ARTHUR SELKRIG & MRS ETHEL SELKRIG 45,000 51 MS SUZANNE CURRAN & MR ROBERT CATON 45,000 52 LEIGH DARCY NEVETT & ALLISON JOANNE KAY 45,075 53 MR M S GODLEMAN 49,447 54 Mrs Elaine Barbara Campigli 50,000 55 MR WILLIAM MANTLE & MRS VERONICA MANTLE 50,000 56 MR IAN NEIL ARMSTRONG & MRS LYNNETTE JOY ARMSTRONG 50,000 57 MR GLEN IAN BARTEL & MRS JUDITH ANNE BARTEL 50,000 58 Estate of Estate of Shirley Mackey 50,500 59 MRS SUSAN TEISSL 50,500 60 MR NEIL ROBSON 52,220 61 G & P ROSE NOMINEES PTY LTD 62,351 62 JAMES DIXON MACKENZIE & DIANNE MARIA MACKENZIE 66,000 63 MR MICHAEL CHARLES SKOLNIK 69,102 64 Estate of Andrew John Kelly 69,332 65 David & Jennifer Larkin ATF LARGOONA PTY LTD 70,700 66 MRS REGINA HORNIBROOK 72,062 67 K & L JONES PTY LTD 80,183 68 MR KEVIN LITTLE & MRS EILEEN LITTLE 80,320 69 MR MAXWELL WARD & MRS DORIS WARD 85,000 70 MR LEWIS PETER POTTER & MRS SUSAN ANNE POTTER ATF FILO SUPERANNUATION FUND A/C 100,000 71 MR PETER MATTHEWS AND MRS SUSAN VIDA 100,000 72 THE PEGLER FAMILY SUPER FUND A/C 100,000 73 WHEELER FAMILY SUPERANNUATION FUND A/C 110,543 74 MR GERALD BROWN 122,306 75 Estate of Margaret Lindsay Williams 136,000 76 ROYNAUR INVESTMENTS PTY LTD 150,000 77 MR MICHAEL JOHN FRASER ATF TYRA SUPERANNUATION FUND A/C 181,602 78 MR MARINUS MARIA BULLE & MS ROSEMARY JEAN BULLE & MR MICHAEL JAMES BULLE 201,400 79 MR KENNETH MCCALLUM 209,777 80 MISS SHEENA DOCHERTY 328,172 81 MR SCOTT BEUZEVILLE & MRS LINDA BEUZEVILLE 28,331 82 ESTATE OF R G BILSON 11,705 83 MS GAURI GOGNA 14,873 84 MRS ALISON MARGARET KAY 100,000 85 MR T A MURPHY 27,504 86 ESTATE OF GLADYS ELLEN HARRIS 770,000 87 MR LESLIE JOHN PEARSON & MRS JANICE PEARSON 10,000 88 ESTATE OF MRS ANNE LILLIAN DUFF 10,000 89 MR JOSEPH MAXWELL KILPATRICK 75,000 90 MRS LINDA REBECCA CHALMERS 10,657 91 MRS EDNA LORRAINE HARDER 6,705 92 MR MARK JOSEPH DUGGAN 63,782 93 MRS HELEN MARGARET DAVIES 30,000 94 P L & E KING PTY LTD 40,000 95 MR ROLAND ANGOOD & MRS PATRICIA ANNE ANGOOD 10,136 96 MR D S RACE 8,000 97 MRS JOAN LITTLE & MR GREGORY LITTLE 150,000 98 MR BARRY FRANCIS AUSTIN AND MRS EDITH KATHLEEN MISSINGHAM-AUSTIN 15,164 99 MS MARINA CAO 5,000 100 MR GRAEME PETER MARKER 86885 101 Estate of Iris Evelyn Kabisch 20660 102 MR J CATANIA 19536 103 MRS BLANCHE TOOHEY 75000 5,599,125

Hodges v Waters

At a glance

Court

Decision date

Before

Catchwords

Source

Catchwords

Judgment (7 paragraphs)

Parties

Legislation Cited (1)

Cited By (1)