ASIC v ISX Hearing, page-638

Sure, if you believe that Justice McEvoy will be convinced that a conspiracy was in play just like you do, and that "fact" means that the corporations law no longer applies to ISX or JK.

However, I suspect that we'll hear Borsky KC say "even if we accept that a conspiracy between ASX and ASIC existed, that did not absolve Mr Karantzis from his obligations under the Corporations Act" when he gets up for his opening.