Scott, Walter Robert v Beneficial Finance Corporation Ltd [1995] FCA 1022

CATCHWORDS ESTOPPEL - Anshun estoppel - whether Applicant acted unreasonably in seeking to proceed in this Court instead of making a further application in an earlier proceeding in the Supreme Court for leave to cross-claim - whether the claim now made can lead to "inconsistent judgments". DAMAGES - rule in Foss v Harbottle (1843) 2 Hare 461 - whether damages for alleged contraventions of s. 52 of the Trade Practices Act can include diminution in the value of the Applicant's shareholdings in companies induced by misrepresentations to act to their detriment. PRACTICE AND PROCEDURE - pleadings - application to strike out statement of claim because pleading is embarrassing - whether leave should be granted to replead. Port of Melbourne Authority v Anshun Proprietary Limited (1981) 147 CLR 589 Foss v Harbottle (1843) 2 Hare 461 Bank of New Zealand v Spedley Securities Ltd (in liq) (1992) 107 ALR 333 Rogers v The Queen (1994) 181 CLR 251 Currabubula Holdings Pty Limited v Mita Copiers Australia Pty Limited Burchett J., unreported, 5 May 1995 Bryant v Commonwealth Bank of Australia (1994) 123 ALR 642 Bryant v Commonwealth Bank of Australia (1995) ATPR 40,744 Bryant v Commonwealth Bank of Australia Sackville J., unreported, 3 March 1995 Bryant v Australia & New Zealand Banking Group Limited Lindgren J., unreported, 20 September 1995 Hoysted v Federal Commissioner of Taxation (1925) 37 CLR 290 Brewer v Brewer (1953) 88 CLR 1 Murphy v Abi-Saab N.S.W. Court of Appeal, Gleeson C.J., Kirby P. and Rolfe A.JA., unreported, 20 July 1995 Morwood v Chemdata Pty Limited (1995) ATPR 40,827 Prudential Assurance Co. Ltd. v Newman Industries Ltd. (No. 2) [1982] Ch 204 Gould v Vaggelas (1985) 157 CLR 215 O'Neill v Ryan [1990] 2 IR 200 Wentworth v Rogers (No 5) (1986) 6 NSWLR 534 Republic of Peru v Peruvian Guano Company (1887) 36 Ch D 489 WALTER ROBERT SCOTT v BENEFICIAL FINANCE CORPORATION LIMITED NG 699 of 1993 Burchett J. Sydney 14 December 1995