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Grant-Taylor v Babcock & Brown Limited (in liquidation) [2016] FCAFC 60

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CORPORATIONS - continuous disclosure obligations - s 674 of Corporations Act 2001 (Cth) - application of listing rules - meaning of persons who commonly invest in securities - whether information had a material effect on price or value - whether information was generally available - alleged failure to disclose payment of dividends from capital and unauthorised capital reduction - alleged failure to disclose that accounts failed to give a true and fair view - alleged failure to disclose insolvency - whether directors aware of insolvency - appeal dismissed

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