Victoria University of Technology v Wilson [2004] VSC 33
[2004] VSC 33
At a glance
Source factsCourt
Supreme Court of Victoria
Decision date
2004-02-18
Before
NETTLE J
Source
Original judgment source is linked above.
Judgment (59 paragraphs)
- For the reasons given I conclude that Professor Wilson and Dr Feaver and their companies, Jahupa Pty Ltd and Coap Pty Ltd, should be called to account either by the imposition of a constructive trust of their shares in IP3 Systems and payment of the proceeds of any previous sale of any of their shares, or by the payment to the university of an amount of money equal to the value of the shares and the proceeds of sale of shares already sold (subject in each case to the payment by the plaintiff of subscription moneys and appropriate expenses and allowances).
- Subject to what counsel may wish to say concerning the orders to be made, I am also disposed to the view that the assessment of the quantum of the plaintiff's claim against Professor Wilson and Dr Feaver and their companies, Jahupa Pty Ltd and Coap Pty Ltd, should now be referred to a special referee in accordance with Order 50 of the Rules of Court for determination in accordance with the principles I have stated; that the costs of the plaintiff's claims against Professor Wilson and Dr Feaver and their companies should be reserved until quantum has been determined; that the plaintiff's claims against all other defendants should now be dismissed; and that the plaintiff should pay all of those other defendants' costs of the proceeding including any reserved costs.