Corporations Law Case Analysis Assignment

Corporations Law Case Analysis Assignment Order Description Your Mission: You have recently commenced a position as a graduate in a corporate advisory role. The organisation for which you work has many clients in the banking and finance industry, both lenders and borrowers. Your immediate superior has asked you to prepare a written analysis of a recent corporations law case to circulate to a number of those clients in accordance with the instructions below. Your organisation regularly provides case updates to clients as a marketing and information tool. Your Instructions: Peruse the decision of the Supreme Court of Tasmania, In Re Gay [2014] TASSC 22 (15 April 2014), and prepare a case analysis addressing the questions below. The case can be accessed via: http://www.austlii.edu.au/cgi-bin/sinodisp/au/cases/tas/TASSC/2014/22.html?stem=0&synonyms=0&query=gay&nocontext=1 Questions: 1. Mr John Gay's position: What were the circumstances that led to Mr Gay coming before Porter J in the Supreme Court? Why was Mr Gay subsequently making an application before Pearce J of the Supreme Court and what was he seeking? [5 marks] 2. ASIC's position: Why was ASIC involved in this case? What was ASIC’s purpose and how was its position considered by the Court? [5 marks] 3. The Court's decision: What was the decision of the Court? What were the reasons for that decision? [5 marks] 4. The effectiveness of the decision: What is your assessment of the decision of the Court? What are the reasons for your assessment? [5 marks] An additional 5 marks are available for the quality of your written communication and referencing.