Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Links Golf Tasmania Pty Ltd v Sattler (No 3) [2012] FCA 1418 Citation: Links Golf Tasmania Pty Ltd v Sattler (No 3) [2012] FCA 1418
Parties: LINKS GOLF TASMANIA PTY LTD (ACN 096 711 661) v RICHARD GEOFFREY SATTLER and R.G. SATTLER NOMINEES PTY LTD (ACN 009 525 348)
File number: VID 204 of 2010
Judge: JESSUP J
Date of judgment: 14 December 2012
Catchwords: DAMAGES – plaintiff entitled to equitable compensation – where first defendant breached fiduciary obligations owed to plaintiff – where diverted benefit consisted of conditional government grant to construct wellness centre – where diverted benefit required fiduciary to expend his own financial resources – where net cost of constructing wellness centre alleged to exceed its capitalised value – where first defendant alleges that receipt of diverted benefit would have been to the detriment of plaintiff – whether quantum of equitable compensation should be determined by reference to amount of diverted benefit – whether adjustment should be made for conditional nature of diverted benefit or the cost of developing wellness centre – principles relevant to grant of equitable remedy
Cases cited: Edmonds v Donovan (2005) 12 VR 513 Ferrari v Ferrari Management Services Pty Ltd [2000] 2 Qd R 359 Hill v Rose [1990] VR 129 Links Golf Tasmania Pty Ltd v Sattler [2012] FCA 634 O'Halloran v R T Thomas & Family Pty Ltd (1998) 45 NSWLR 262 Re Dawson (1966) 84 WN (NSW) (Pt 1) 399
Dates of hearing: 30 November 2012
We try to embed the page this law was scraped from. If the site blocks framing, you still get the link and a local excerpt.
Last checked with source on —
Checking whether the official page can be embedded…
Plain-English simplify of this law: a short summary, key points, and both sides of the argument. Generated on first view via Replicate, then cached. Vote on what helps your study.
No study brief is cached for this law yet. Sign up to generate a plain-English brief.
Sign up to generate