NSW Caselaw
Supreme Court New South Wales
Medium Neutral Citation: Broadway Plaza Investments Pty Ltd v Broadway Plaza Pty Ltd In the matter of Combined Projects (Arncliffe) Pty Ltd [2020] NSWSC 1778 Hearing dates: 11 - 15, 18, 21 - 22, 25 - 29 November 2019, 3 - 6, 9 - 13, 17 - 20 December 2019, 30 January 2020, 5 February 2020 Date of orders: 14 December 2020 Decision date: 14 December 2020 Jurisdiction: Equity Before: Ward CJ in Eq Decision: 1. Order that the parties, by 29 February 2021, bring in short minutes of order to give effect to these reasons, including as to costs, and any brief written submissions dealing with those orders, with a view to those orders being made in chambers, if possible.
2. Order that the parties, if they consider that it is necessary, address in those submissions why it is necessary for the Court to hear oral submissions in relation to the orders referred to in Order 1. Catchwords: PARTNERSHIPS AND JOINT VENTURES — Dissolution — Where panoply of claims and cross-claims — Proust's In Search of Lost Time EQUITY — Equitable fraud — Sham transactions — Bribes EQUITY — Fiduciary duties — Breach RESTITUTION — Nature of restitutionary liability — Availability of restitution — Quantum meruit and quantum valebat BANKING AND FINANCE — Banks — Duties — Duty to adhere to mandate of customer OCCUPATIONS — Solicitors — Professional negligence Legislation Cited: Acts Interpretation Act 1901 (Cth), s 36 Cheques Act 1986 (Cth), ss 3, 32 Civil Liability Act 2002 (NSW), s 35 Civil Procedure Act 2005 (NSW), s 56 Competition and Consumer Act 2010 (Cth), ss 87CD and Sch 2 ss 18, 21, 60, 236 Conveyancing (Powers of Attorney) Amendment Bill 1983 (NSW) Conveyancing Act 1919 (NSW), s 163B Corporations Act 2001 (Cth), ss 9(b), 114, 135, 136, 137, 175, 180, 198C, 198E, 201A, 201M, 231, 233, 237, 247A, 292, 461, 1274A, 1274B, 1317H, 1322 Evidence Act 1995 (NSW), ss 69, 135 Family Provision Act 1982 (NSW), ss 22, 23 Interpretation Act 1987 (NSW), s 33 Limitations Act 1969 (NSW) Partnership Act 1892 (NSW), ss 1, 2, 5, 38 Powers of Attorney Act 1971 (UK), s 10 Powers of Attorney Act 2003 (NSW), ss 7, 8, 9, 10, 11, 12, 13, 38, 43, Sch 2 Property, Stock and Business Agents Act 1941 (NSW) Property, Stock and Business Agents Act 2002 (NSW), ss 36, 55, 55A Property, Stock and Business Agents Regulation 2014 (NSW), reg 8(1)(a) and Sch 7 Trustee Act 1925 (NSW), ss 53, 64, 67 Trustee Act 1925 (UK), s 25 Uniform Civil Procedure Rules 2005 (NSW), rr 12.6(2), 14.14(3), 14.14(4), 15.4(1), 15.4(2) Cases Cited: Abergeldie Contractors Pty Ltd v Fairfield City Council [2017] NSWCA 113 Adrenaline Pty Ltd v Bathurst Regional Council (2015) 97 NSWLR 207; [2015] NSWCA 123 Aequitas Ltd v Sparad No 100 Ltd (formerly Australian European Finance Corp Ltd) [2001] NSWSC 14 AGC (Advances) Ltd v West (1984) 5 NSWLR 590 Aged Care Services Pty Ltd v Macedonian Aged Case & Accommodation Ltd [2012] NSWSC 531 Akron Securities Ltd v Iliffe (1997) 41 NSWLR 353 Al-Atabi v Zaidi [2009] NSWCA 433 Alati v Kruger (1955) 94 CLR 216; [1955] HCA 64 Alghussein Establishment v Eton College [1991] 1 All ER 267; [1988] 1 WLR 587 Allen v Tobias (1958) 98 CLR 367; [1958] HCA 13 Allpro Building Services Pty Ltd v C&V Engineering Services Pty Ltd [2009] NSWSC 127 Alonso v SRS Investments (WA) Pty Ltd [2012] WASC 168 Ancient Order of Foresters in Victoria Friendly Society Ltd v Lifeplan Australia Friendly Society Ltd (2018) 265 CLR 1; [2018] HCA 43 Andrews v Australia and New Zealand Banking Group Ltd (2012) 247 CLR 205; [2012] HCA 30 Angelina Spina v Permanent Custodians Ltd [2008] NSWSC 561 Anthony v Morton [2018] NSWSC 1884 ANZ v Widin (1990) 26 FCR 21; [1990] FCA 674 APX Projects Pty Ltd v The Owners – Strata Plan No 64025 [2015] NSWSC 1250 Arab Bank Australia Ltd v Sayde Developments Pty Ltd (2016) 93 NSWLR 231; [2016] NSWCA 328 Ardern v Bank of New South Wales [1956] VLR 569 Associated Midland Corporation Ltd v Bank of New South Wales (1983) 1 NSWLR 533 Attorney General for HK v Reid [2994] 1 AC 324 Attorney Generals Reference (No 1 of 1985) [1986] QB 491 Attorney-General v Scott (1750) 1 Ves Sen 413; 27 ER 1113 Austotel Pty Ltd v Franklins Self-Serve Pty Ltd (1989) 16 NSWLR 582 Australasian Brokerage Ltd v Australian and New Zealand Banking Corporation Ltd (1934) 52 CLR 430; [1934] HCA 34 Australia and New Zealand Banking Group Ltd v Frenmast Pty Ltd [2013] NSWCA 459 Australia and New Zealand Banking Group Ltd v Hunter BNZ Finance Ltd [1991] 2 VR 407 Australia Capital Financial Management Pty Ltd v Linfield Developments Pty Ltd; Guan v Linfield Developments Pty Ltd (2017) 18 BPR, 36; [2017] NSWCA 99 Australian Broadcasting Commission v Australasian Performing Right Association Ltd Association (1973) 129 CLR 99; [1973] HCA 36 Australian Building and Construction Commissioner v Construction, Forestry, Mining and Energy Union (2010) 187 FCR 293; [2010] FCA 784 Australian Capital Television Pty Ltd v Minister for Transport and Communications (1989) 86 ALR 119 Australian Financial Services and Leasing Pty Ltd (ACN 105 657 681) v Hills Industries Ltd (2014) 253 CLR 560; [2014] HCA 14 Australian Guarantee Corporation Ltd v Balding (1930) 43 CLR 140 140; [1930] HCA 10 Australian Securities and Investments Commission v Kobelt (2019) 267 CLR 1; [2019] HCA 18 Awad v Australian Sales & Leasing Pty Ltd [2018] VSC 627 Bagnall v Carlton (1877) 6 Ch D 371 Baker v Palm Bay Island Resort Pty Ltd (No 2) [1970] Qd R 210 Bale v Mills (2011) 81 NSWLR 498; [2011] NSWCA 226 Balog v Independent Commission Against Corruption (1990) 169 CLR 625; [1990] HCA 28 Baltic Shipping Co v Dillon (1993) 176 CLR 344; [1993] HCA 4 Barescape Pty Ltd v Bacchus Holdings Pty Ltd [2012] NSWSC 984 Barker v Harrison (1846) 2 Coll 546 Barnes v Addy (1874) LR 9 Ch App 244; 22 WR 505 Bartram & Sons Ltd (1904) 90 LT 357 Baulderstone Hornibrook Pty Ltd v Queensland Investment Corp [2006] NSWSC 522 BB Australia Pty Ltd v Danset Pty Ltd [2018] NSWCA 101 Belfield v Belfield (2012) 83 NSWLR 189; (2012) 16 BPR 31,177 Betts v Conolly (1970) 120 CLR 417; [1970] HCA 18 Bhullar v Bhullar [2003] 2 BCLC 241 Black Uhlans Incorporated v New South Wales Crime Commission [2002] NSWSC 1060 Blatch v Archer (1774) 1 Cowp 63 Blendell v Byrne; The Estate of Noeline Joan Blendell [2019] NSWSC 583 Boardman v Phipps [1965] Ch 992 Boardman v Phipps [1967] 2 AC 46 Boensch v Pascoe [2019] HCA 49; (2019) 375 ALR 15 Boston Deep Sea Fishing and Ice Co v Ansell (1888) 39 Ch D 339 Bowes v City of Toronto (1858) 11 Moo PC 463 Boyd & Forrest v Glasgow and South-Western Railway Co 1915 SC (HL) 20 BP Exploration Co (Libya) Ltd v Hunt (No 2) [1979] 1 WLR 783 BP Refinery (Westernport) Pty Ltd v Shire of Hastings (1977) 180 CLR 266 Bradley v Matloob [2015] NSWCA 239 Brambles Holdings Ltd v Bathurst City Council (2001) 53 NSWLR 153; [2001] NSWCA 61 Brambles Holdings Ltd v Bathurst City Council (2001) 53 NSWLR 153; [2001] NSWCA 61 Brewarrina Shire Council v Beckhaus Civil Pty Ltd (2003) 56 NSWLR 576; [2003] NSWCA 4 Brick and Pipe Industries Ltd v Occidental Life Nominees Pty Ltd [1992] 2 VR 279 Briginshaw v Briginshaw (1938) 60 CLR 336; [1938] HCA 34 Bristol and West Building Society v Mathew [1998] Ch 1 Broadway Plaza Investments Pty Ltd v Broadway Plaza Pty Ltd [2019] NSWSC 410 Brockway v Pando [2000] WASCA 192 Brogden v Metropolitan Railway Co (1876-77) 2 App Cas 666 Brott v The Queen (1992) 173 CLR 426; [1992] HCA 5 Brown v Tavern Operator Pty Ltd (2018) 98 NSWLR 586; [2018] NSWSC 1290 Browne v Dunn (1894) 6 R 67 Buckby v Speed [1959] Qd R 30 Burdick v Garrick (1870) LR 5 Ch App 233 Burns v McFarlane (1940) 64 CLR 108; [1940] HCA 25 Byrnes v Kendle (2011) 243 CLR 253; [2011] HCA 26 Cambridge Gulf Holdings NL v CLC Corporation (Full Court of the Federal Court of Australia, 28 August 1998, unrep) Canny Gabriel Castle Jackson Advertising Pty Ltd v Volume Sales (Finance) Pty Ltd (1974) 131 CLR 321; [1974] HCA 22 Cappe v Tsung [2018] NSWCA 86 Carbone as Trustee for the S & N Carbone Family Trust v Mills [2019] NSWCA 15 Caringbah Investments Pty Ltd v Caringbah Business and Sports Club Ltd (in liq) [2016] NSWCA 165 Case) Cavendish Square Holding BV v El Makdessi [2016] AC 1172; [2015] UKSC 67 CH Real Estate Pty Ltd v Jainran Pty Ltd [2010] NSWCA 37 Chan v Zacharia (1984) 154 CLR 178; [1984] HCA 36 Chartbrook Ltd v Persimmon Homes Ltd [2009] AC 1101 Chen v Gu; Chen v Nguyen [2011] NSWSC 1622 City Bank of Sydney v McLaughlin (1909) 9 CLR 615; [1909] HCA 78 Clarey v Permanent Trustee Co Ltd [2005] VSCA 128 Collins v O'Reilly (1940) 41 SR (NSW) 281 Commerce Consolidated Pty Ltd v Johnstone [1976] VR 724 Commercial and General Acceptance Ltd v Nixon (1981) 152 CLR 491 at 520; [1981] HCA 70 Commercial Union Insurance Company of Australia Ltd v Ferrcom Pty Ltd (1991) 22 NSWLR 389 Commonwealth Bank of Australia v Muirhead [1997] 1 Qd R 567 Commonwealth Trading Bank v Sydney Wide Stores Pty Ltd (1981) 148 CLR 304; [1981] HCA 43 Commonwealth v Verwayen (1990) 170 CLR 394; [1990] HCA 39 Con-stan Industries of Australia Pty Ltd v Norwich Winterthur Insurance (Australia) Ltd (1986) 160 CLR 226; [1986] HCA 14 Consul Development Pty Ltd v DPC Estates Pty Ltd (1975) 132 CLR 373; [1975] HCA 8 Cook v Deeks [1916] 1 AC 554 Cory Brothers & Company v Owners of Turkish Steamship 'Mecca' [1897] AC 286 Crantrave Ltd v Lloyd's Bank Plc [2000] QB 917 Crown Melbourne Ltd v Cosmopolitan Hotel (Vic) Pty Ltd (2016) 260 CLR 1; [2016] HCA 26 Danby v Coutts & Co (1885) 29 Ch D 500 Daraydan Holdings Ltd v Solland International Ltd [2005] Ch 119 David Securities Pty Ltd v Commonwealth Bank of Australia (1990) 23 FCR; [1990] FCA 186 David Securities Pty Ltd v Commonwealth Bank of Australia (1992) 175 CLR 353, [1992] HCA 48 Day v Couch [2000] NSWSC 230 De Bussche v Alt (1878) 8 Ch D 286 Deeley v Lloyds Bank Ltd [1912] AC 756 Dickinson v NAL Realisations (Staffordshire) Ltd [2019] EWCA Civ 2146 Dimitrovski v Australian Executor Trustees Ltd [2014] NSWCA 68 Diplock v Blackburn (1811) 3 Camp 43 Dovuro Pty Ltd v Wilkins (2003) 215 CLR 317; [2003] HCA 51 Doyle v Blake (1804) 2 Sch & Lef 231 DPC Estates Pty Ltd v Grey [1974] 1 NSWLR 443 E Co v Q [2018] NSWSC 442 Eden v Ridsdale's Railway Lamp & Lighting Co (1889) 23 QBD 368 Effem Foods Pty Ltd v Lake Cumbeline Pty Ltd [1999] HCA 15; (1999) 161 ALR 599 EIC Services Ltd v Phipps [2003] EWHC 1507 (Ch); [2004] 2 BCLC 589 Electric Life Pty Ltd v Unison Finance Group Pty Ltd [2015] NSWCA 394 Electric Life Pty Ltd v Unison Finance Group Pty Ltd [2015] NSWCA 394 Electricity Generation Corporation v Woodside Energy Ltd (2014) 251 CLR 640; [2014] HCA 7 Elias v George Sahely & Co (Barbados) Ltd [1982] UKPC 31 Emanuel Management Pty Ltd v Foster's Brewing Group Ltd [2003] QSC 2015 Empirnall Holdings Pty Ltd v Machon Paull Partners Pty Ltd (1988) 14 NSWLR 523 Equiticorp Finance Ltd (in liq) v Bank of New Zealand (1993) 32 NSWLR 50 Equuscorp Pty Ltd v Haxton (2012) 246 CLR 498; [2012] HCA 7 Ex parte Belchier (1754) Amb 218; 27 ER 144 Eyota Pty Ltd v Hanave Pty Ltd (1994) 12 ACSR 785 Falcke v Scottish Imperial Insurance Co (1886) 34 Ch D 234 Falk v Haugh 53 CLR 163; [1935] HCA 35 Farah Constructions Pty Ltd v Say-Dee Pty Ltd (2007) 230 CLR 98; [2007] HCA 22 Fatimi Pty Ltd v Bryant (2004) 59 NSWLR 678; [2004] NSWCA 140 Fawcett v Whitehouse (1829) 1 Russ & M 132 9 FHR European Ventures LLP v Cedar Capital Partners LLC; sub nom FHR European Ventures LLP v Mankarious) [2015] AC 250; [2014] UKSC 45 Film Bars Pty Ltd v Pacific Film Investments Pty Ltd (1979) 1 BPR 9251 Fitzgerald v Masters (1956) 95 CLR 420; [1956] HCA 53 Fouche v The Superannuation Fund Board (1952) 88 CLR 609; [1952] HCA 1 Fox v Percy (2003) 214 CLR 188; [2003] HCA 22 Franklins Pty Ltd v Metcash Trading Ltd (2009) 76 NSWLR 603 Freeman & Lockyer v Buckhurst Park Properties (Mangal) Ltd [1964] 2 QB 480 Fried v National Australia Bank (2001) 111 FCR 322 Fry v Tapson (1884) 28 Ch D 268 Furs Ltd v Tomkies (1936) 54 CLR 583; [1936] HCA 3 Fyffes Group Ltd v Templeman [2000] 2 Lloyds Rep 643 Galaxidis v CBFC Leasing [2005] NSWCA 347 General Reinsurance Australia Ltd v HIH Casualty & General Insurance Ltd [2009] NSWCA 22 Globe Church Inc v Allianz Australia Insurance Ltd (2019) 99 NSWLR 470; [2019] NSWCA 27 Golden Mile Property Investments Pty Ltd (in liq) v Cudgegong Australia Pty Ltd [2016] NSWCA 224 Gore v Montague Mining Pty Ltd [2000] FCA 1214 Grant v Gold Exploration and Development Syndicate Ltd [1900] 1 QB 233 Grant v John Grant & Sons Pty Ltd (1950) 82 CLR 1; [1950] HCA 54 Greenwood v Martins Bank Ltd [1932] 1 KB 371 Grimaldi v Chameleon Mining (No 2) (2012) 200 FCR 296; [2012] FCAFC 6 Hanave Pty Ltd v LFOT Pty Ltd [1999] FCA 357; (1999) 43 IPR 545 Harkness v Partnership Pacific Ltd (1997) 41 NSWLR 204 Harris v Digital Pulse Pty Ltd (2003) 56 NSWLR 298; 2003] NSWCA 10 Hely-Hutchinson v Brayhead Ltd [1968] 1 QB 549 Hexiva Pty Ltd v Lederer [2006] NSWSC 318 Hoath v Connect Internet Services Pty Ltd [2006] NSWSC 158; (2006) 229 ALR 566 Hodgson v Amcor; Amcor v Barnes [2012] VSC 94 Hospital Products Ltd v United States Surgical Corporation (1984) 156 CLR 41; [1984] HCA 64 Hovenden v Millhoff (1900) 83 LT 41; [1900-3] All ER Rep 848 Hunter BNZ Finance v C G Maloney Pty Ltd (1988) 18 NSWLR 420 Hyder Constulting (Australia) Pty Ltd v Wilk Wilhelmson Agency Pty Ltd [2001] NSWCA 313 In re Caerphilly Colliery Co (1877) 5 Ch D 336 In re Cleadon Trust Ltd [1939] Ch 286 In re Maidstone Palace of Varieties Ltd; Blair v Maidstone Palace of Varieties Ltd [1909] 2 Ch 283; [1908–10] All ER Rep 678 In re Metropolitan Amalgamated Estates Ltd; Fairweather v the Company [1912] 2 Ch 497 In re Morvah Consols Tin Mining Co (1875) 2 Ch D 1 (McKay's Case) In re North Australian Territory Co [1892] 1 Ch 322 (Archer's Case) In re Western of Canada Oil, Lands and Works Co (1875) 1 Ch D 115 (Carling, Hespeler, and Walsh's Cases) In the matter of Combined Projects (Arncliffe) Pty Ltd [2019] NSWSC 1070 In the matter of Combined Projects (Arncliffe) Pty Ltd [2019] NSWSC 1082 In the matter of Indoor Climate Technologies Pty Ltd [2019] NSWSC 356 In the matter of Macquarie Americas Holdings Pty Ltd [2015] NSWSC 2073 In the matter of Matlic Pty Ltd (in liq) [2014] NSWSC 1342 In the matter of Mosman & Co Pty Ltd [2019] NSWSC 1155 In the matter of Whitsunday Clean Sands Pty Ltd [2017] NSWSC 1199 Indeco Pacific Pty Ltd v Geneva Investments Pty Ltd [2012] VSC 621 Industries & General Mortgage Company Ltd v Lewis [1949] 2 All ER 573 Investmentsource Corp Pty Ltd v Knox Street Apartments Pty Ltd (2002) 56 NSWLR 27; [2002] NSWSC 710 Investors Compensation Scheme Ltd v West Bromwich Building Society [1998] 1 WLR 896 Isis v Clarence [2004] NSWSC 73 Jackson v White and Midland Bank Ltd [1967] 2 Lloyd's Rep 68 Jacobs v Morris [1902] 1 Ch 816 Janssen Cilag Pty Ltd v Pfizer Pty Ltd (1992) 37 FCR 526 Jennings Construction Ltd v QH & M Birt Pty Ltd (1986) 8 NSWLR 18 Jones v Dunkel (1959) 101 CLR 298; [1959] HCA 8 Jones v Southall & Bourke Pty Ltd [2004] FCA 539 Junker v Hepburn [2010] NSWSC 88 Kakavas v Crown Melbourne (2013) 250 CLR 392; [2013] HCA 25 Karak Rubber Co Ltd v Burden (No 2) [1972]; 1 WLR 602; 1 All ER 1230 Katwell Pty Ltd v National Australia Bank Ltd [2012] NSWSC 513 Keech v Sandford (1726) Sel Cas Ch 61 Keogh v Dalgety & Company Ltd (1916) 22 CLR 402; [1916] HCA 69 Kilbee v Sneyd (1828) 2 Mol 186 Kinsela v Russell Kinsela Pty Ltd (in liq) (1986) 4 NSWLR 722 Kocic v Deputy Commissioner of Taxation [2011] NSWCA 322 Krakowski v Eurolynx Properties Ltd (1995) 183 CLR 563; [1995] HCA 68 Kreditbank Cassel GmbH v Schenkers Ltd [1927] 1 KB 826; [1927] All ER Rep 421 Kuhl v Zurich Financial Services Australia Ltd (2011) 243 CLR 361; [2011] HCA 11 Laidlaw v Hillier Hewitt Eisley Pty Ltd [2009] NSWCA 44 Langford v Gascoyne (1805) 11 Ves 333; 32 ER 1116 Laurelmont Pty Ltd v Stockdale & Leggo (Queensland) Pty Ltd [2001] QCA 212 Lewis v Condon (2013) 85 NSWLR 99; [2013] NSWCA 204 Liebe v Molloy (1906) 4 CLR 347; [1906] HCA 67 Liggett (B) Liverpool Ltd v Barclays Bank Ltd [1928] 1 KB 48 Lister & Co v Stubbs (1890) 45 Ch D 1 Logicrose Ltd v Southend United FC [1988] 1 WLR 1256 London International Trust Ltd v Barclays Bank Ltd [1980] 1 Lloyd's Rep 241 Lucas Earthmovers Pty Ltd v Anglogold Ashanti Australia Ltd [2019] FCA 1049 Lumbers v W Cook Builders Pty Ltd (In liq) (2008) 232 CLR 635; [2008] HCA 27 Lysaght Bros & Co Ltd v Falk 2 CLR 421; [1905] HCA 7 MacDonald Dickens & Macklin (a firm) v Costello [2012] QB 244 Maddocks v DJE Constructions Pty Ltd (1982) 148 CLR 104; [1982] HCA 17 Maggbury Pty Ltd v Hafele Australia Pty Ltd (2001) 210 CLR 181; [2001] HCA 70 Mainteck Services Pty Ltd v Stein Heurtey SA (2014) 89 NSWLR 633 Majesty Restaurant Pty Ltd (In liq) v Commonwealth Bank of Australia (1998) 47 NSWLR 593 Manks v Whiteley [1912] 1 Ch 735 Mann v Paterson Constructions Pty Ltd [2019] HCA 32 Maralinga Pty Ltd v Major Enterprises Pty Ltd (1973) 128 CLR 336; [1973] HCA 23 Massey v Wales (2003) 57 NSWLR 718 Masterton Homes Pty Ltd v Palm Assets Pty Ltd [2009] NSWCA 234 McCann v Switzerland Insurance Australia Ltd (2000) 203 CLR 579; [2000] HCA 65 McCarthy v McIntyre [1999] FCA 784 McDonald v Dennys Lascelles Ltd (1933) 48 CLR 457; [1933] HCA 25 McLean v Discount & Finance Ltd (1939) 64 CLR 312; [1939] HCA 38 McRae v Coulton (1986) 7 NSWLR 7 644 McVeigh v National Australia Bank Ltd [2000] FCA 187; (2000) 278 ALR 429 Metro-Goldwyn-Mayer Pty Ltd v Greenham [1966] 2 NSWR 717 Metropolitan Bank v Heiron (1880) 5 Ex D 319 Michael Wilson & Partners Ltd v Nicholls (2011) 244 CLR 427; [2011] HCA 48 Miller Heiman Pty Ltd v Sales Principles Pty Ltd (2017) 94 NSWLR 500 Minister for Lands and Forests (NSW) v McPherson (1991) 22 NSWLR 683 Mita Copiers Australia Pty Ltd v Condor OA Pty Ltd (Supreme Court (NSW), Hunter J, 10 October 1994, unrep) Moratic v Gordon (2007) 13 BPR 24,213; [2007] NSWSC 5 Morison v Thompson (1874) LR 9 QBD 480 Moses v Macferlan (1760) 2 Bur 1005 Mount Bruce Mining Pty Ltd v Wright Prospecting Pty Ltd (2015) 256 CLR 104; [2015] HCA 37 Nant-y-glo and Blaina Ironworks Co v Grave (1878) 12 Ch D 738 National Australia Bank v Dionys atf the Angel Family Trust [2016] NSWCA 242 National Australia Bank v Hokit Pty Ltd (1996) 39 NSWLR 377 National Commercial Banking Corporation of Australia Ltd v Batty (1986) 160 CLR 251; [1986] HCA 21 Nielsen v Capital Finance Australia Ltd [2014] QCA 139 Nominal Defendant v Gabriel (2007) 71 NSWLR 150; [2007] NSWCA 52 North v Walthamstow Urban Council (1898) 67 LJ QB 972 O'Donnell v Reichard [1975] VR 916 O'Halloran v R T Thomas & Family Pty Ltd (1998) 45 NSWLR 262 O3 Capital Pty Ltd v WY Properties Pty Ltd [2016] WASCA 82 Old v McInnes and Hodgkinson [2011] NSWCA 410 Oneflare Pty Ltd v Chernih [2017] NSWCA 195 Orr v Ford (1989) 167 CLR 316; [1989] HCA 4 Orr v Slender (2005) 64 NSWLR 671; [2005] NSWSC 1175 Overmyer Industrial Brokers Pty Ltd v Campbells Cash & Carry Pty Ltd [2003] NSWCA 305; (2004) Aust Contract R 90-181 Ovidio Carrideo Nominees Pty Ltd v The Dog Depot Pty Ltd (2006) V ConvR 54-713; [2006] VSCA 6 Pacific Carriers Ltd v BNP Paribas (2004) 218 CLR 451; [2004] HCA 35 Paciocco v Australia and New Zealand Banking Group Ltd (2016) 258 CLR 525; [2016] HCA 28 Paciocco v Australia and New Zealand Banking Group Ltd [2014] FCA 35 Paciocco v Australia and New Zealand Banking Group Ltd [2015] FCAFC 50 Panama and South Pacific Telegraph Co v India Rubber, Gutta Percha and Telegraph Works Co (1875) LR 10 Ch App 515 Parker v McKenna (1874) LR 10 Ch App 96 Parr's Banking Co Ltd v Yates [1898] 2 QB 460 Pascali v Carr [2019] NSWCA 151 Patsalis v New South Wales (2012) 81 NSWLR 742; [2012] NSWCA 307 Pavey & Matthews Pty Ltd v Paul (1987) 162 CLR 221; [1987] HCA 5 Payne v Parker [1976] 1 NSWLR 191 Peninsula and Oriental Steam Navigation Co v Johnson (1938) 60 CLR 189; [1938] HCA 16 Peninsula Balmain Pty Ltd v Abigroup Contractors Pty Ltd [2002] NSWCA 211 Peninsula Gold Pty Ltd v Sunbeam Victa Holdings Ltd (1996) 20 ACSR 553 Perini Corporation v Commonwealth of Australia (Redfern Mail Exchange Case) [1969] 2 NSWR 530 Permanent Trustee Australia Company Ltd v FAI General Insurance Company Ltd (2001) 50 NSWLR 679 Perochinsky v Kirschne [2013] NSWSC 400; 16 BPR 31,481 Peter's of Kensington Pty Ltd v Seersucker Pty Ltd [2008] NSWSC 897 Petersen v Moloney (1951) 84 CLR 91; [1951] HCA 57 Phipps v Boardman [1964] 1 WLR 993 Phipps v Boardman [1965] Ch 992 Pianta v National Finance and Trustees Ltd (1964) 180 CLR 146 at 152; [1964] HCA 61 Pitcher v Langford (1991) 23 NSWLR 142 Plunkett v Bull (1915) 19 CLR 544; [1915] HCA 14 Powell & Thomas v Evan Jones & Co [1905] 1 KB 11 Priestley v Priestley [2016] NSWSC 1096 Priestley v Priestley [2017] NSWCA 155 R v Bishop of Salisbury [1901] 1 QB 573 R v Lavender (2005) 222 CLR 67; [2005] HCA 37 Randfield v Randfield (1860) 1 Dr & Sm 310; 62 ER 398 Re Bradford Roofing Industries Pty Ltd (in liq) & Companies Act [1966] 1 NSWR 674 Re Brentwood Brick and Coal Co [1876] 4 Ch D 562 Re Brier (1884) 26 Ch D 238 Re Cambridge Credit Corporation Ltd (Receiver Appointed) (1991) 6 BPR 13,894 Re Duomatic Ltd [1969] 2 Ch 365 Re Estate of Evans [2010] SASC 193 Re Gasbourne Pty Ltd [1984] VR 801 Re Hetling and Merton's Contract [1893] 3 Ch 269 Re Hodgson (1886) 31 Ch D 177; [1881-85] All ER Rep 931 Re Hunter Resources Ltd (1992) 34 FCR 418 Re Meyer Douglas Pty Ltd [1965] VR 638 Re National Safety Council of Australia (in liq); Elders Finance Group Ltd v Perrins (1992) 10 ACSR 101 Re Rectron Electronics Pty Ltd [2013] VSC 384 Realtek Pty Ltd v Wetamast Pty Ltd [2019] NSWSC 1869 Rebenta Pty Ltd v Wise [2009] NSWCA 212 Regal (Hastings) Ltd v Gulliver [1967] 2 AC 134 Retail Employees Superannuation Pty Ltd v Pain (2016) 115 ACSR 1 RHG Mortgage Ltd v Rosario Ianni [2015] NSWCA 56 Robertson v Grigg (1932) 47 CLR 257; [1932] HCA 29 Robinson v Campbell (No 2) (1992) 30 NSWLR 503 Rock Advertising Ltd v MWB Business Exchange Centres Ltd [2019] AC 119; [2018] UKSC 24 Roxborough v Rothmans of Pall Mall Australia Ltd (2001) 208 CLR 516; [2001] HCA 68 Royal British Bank v Turquand (1856) 5 El & Bl 327; 199 ER 886 Royal Guardian Mortgage Management Pty Ltd v Nguyen [2016] NSWCA 8; (2016) 332 ALR 126 Ryan v Ryan [2012] NSWSC 636 Ryledar Pty Ltd v Euphoric Pty Ltd (2007) 69 NSWLR 603; [2007] NSWSCA 65 Sansom v Westpac (1996) 116 BPR 97584 Sasson v Fahevu [1999] NSWCA 400 Saxby Soft Drinks v George Saxby Beverages Pty Ltd (2009) 14 BPR 27,213; [2009] NSWSC 1486 Sayour v Elliott [2017] NSWSC 713 Sayour v Elliot [2018] NSWSC 59 SCEGS Redlands v Barbour [2008] NSWSC 928 Seiwa Australia Pty Ltd v Beard (2009) 75 NSWLR 74; [2009] NSWCA 240 Sichell's Case (1867) LR 3 Ch App 119 Simic v NSW Land and Housing Corporation (2016) 260 CLR 85 Simon v NRMA Insurance Ltd [1991] NSWCA 247 Sinclair Investments (UK) Ltd v Versailles Trade Finance Ltd [2012] Ch 453 Sinclair v Brougham [1914] AC 398 Smith v Chadwick (1882) 20 Ch D 27 Smith v Henniker-Major & Co (a firm) [2003] Ch 182; [2002] EWCA Civ 762 Smorgon v ANZ Banking Group Ltd (1976) 134 CLR 475 Soanes v London and South-Western Railway Co (1919) 88 LJKB 524 Soiland Pty Ltd v Ridgepoint Corporation Pty Ltd [2005] WASC 124 Speight v Gaunt (1883) 9 App Cas 1 Steele v Tardiani (1946) 72 CLR 386; [1946] HCA 21 Stevenson v Hook (1956) 73 WN (NSW) 307 Sugden v Crossland (1856) 3 Sm & G 192 Sumpter v Hedges [1898] 1 QB 673 Surfstone Pty Ltd v Morgan Consulting Engineers Pty Ltd [2016] QCA 213 Sutcliffe v Thackrah [1974] AC 727 Swotbooks.com Ltd v Royal Bank of Scotland Plc [2011] EWHC 2025 Sydney Water Corporation v Makucha [2010] NSWSC 114 Tai Hing Cotton Mill Ltd v Liu Chong Hing Bank Ltd [1986] AC 80 Taylor v White (1964) 110 CLR 129; [1964] HCA 11 Taylors Fashions Ltd v Liverpool Trustees Co [1982] 1 QB 133 The Nominal Defendant v Cordin [2017] NSWCA 6 The Trident Beauty [1994] 1 WLR 161; [1994] 1 All ER 470 TMA Australia Pty Ltd v Indect Electronics & Distribution GmbH [2015] NSWCA 343 Toll (FGCT) Pty Ltd v Alphapharm (2004) 219 CLR 165; [2004] HCA 52 Tonitto v Bassal (1992) 28 NSWLR 564 Tonna v Mendonca [2019] NSWSC 1849 Tyrrell v Bank of London (1862) 10 HL Cas 26 Varker v Commercial Banking Co [1972] 2 NSWLR 967 Vella v Permanent Mortgages Pty Ltd [2008] NSWSC 505 V-Flow Pty Ltd v Holyoake Industries (Vic) Pty Ltd (2013) 296 ALR 418 Visnic v Sywak [2009] NSWCA 173 Vukmirica v Betyounan [2008] NSWCA 16 W J Simms Son & Cooke (Southern) Ltd [1980] 1 QB 677 Walter v James (1871) LR 6 Ex 124 Ward v Swift (1848) 6 Hare 309; 67 ER 1184 Warman International Ltd v Dwyer (1995) 182 CLR 544; [1995] HCA 18 Waterman v Gerling Australia Insurance Company Pty Ltd (2005) 65 NSWLR 300; [2005] NSWSC 1066 Watson v Foxman (1995) 49 NSWLR 315 Webb v Ryan [2012] VSC 377 Weeks v Hrubala [2008] NSWSC 162 Weige v Cupton Pty Ltd [2012] NSWCA 414 West v Commercial Bank of Australia Ltd (1935) 55 CLR 315; [1935] HCA 14 Westpac Banking Corp v Tanzone Pty Ltd (2000) 9 BPR 97,814; [2000] NSWCA 25 Whaley Bridge Calico Printing Co v Green (1879) 5 QBD 109 Wilkie v Gordian Runoff Ltd (2005) 221 CLR 522; [2005] HCA 17 Wilkinson v Feldworth Financial Services Pty Ltd (1998) 29 ACSR 642 Williams v Barton [1927] 2 Ch 9 Willmot v Barker (1880) 15 Ch D 96 Winnote Pty Ltd v Page (2006) 68 NSWLR 531; [2006] NSWCA 287 Wrout v Dawes (1858) 25 Beav 369; 53 ER 678 Wu v Ling [2016] NSWCA 322 Texts Cited: Dal Pont, G E, Law of Agency (3rd ed, 2013, LexisNexis) Edelman, J, "Two Fundamental Questions for the Law of Trusts" (2013) 129 Law Quarterly Review 66 Edwards, R, "The Liggett Defence and Apparent Authority" (2001) 31 Hong Kong Law Journal 224 Finn, P, Fiduciary Obligations (1977, Lawbook Co) Goode, R, "Proprietary Liability for Secret Profits – a Reply" (2011) 127 Law Quarterly Review 493 Heydon J D, and M J Leeming, Jacob's Law of Trusts in Australia (8th ed, 2016, LexisNexis) Heydon, J D, Cross on Evidence (8th ed, 2010, LexisNexis) Heydon, J D, Heydon on Contract (2019, Lawbook Co) Jones, G, "Delegation by Trustees: A Reappraisal" (1959) 22 Modern Law Review 381 Law Commission, Powers of Attorney: Report on a Reference under Section 3(1)(e) of the Law Commissions Act 1965 (September 1970, Cmnd 4473) Law Reform Commission of New South Wales, Powers of Attorney (1974, LRC 18) Law Reform Commission of New South Wales, Working Paper 10 Powers of Attorney (1973) Lehane, J, "Fiduciaries in a Commercial Context" in P D Finn (ed), Essays in Equity (1985, Lawbook Co) Mason, K, J W Carter and G J Tolhurst, Restitution Law in Australia (2nd ed, 2008, LexisNexis) Meagher, R P, and W M C Gummow, Jacobs' Law of Trusts in Australia (4th ed, 1977, LexisNexis) Meagher, R P, J D Heydon, and MJ Leeming, Meagher, Gummow and Lehane (4th ed, 2002, LexisNexis) Millett, P, "Bribes and Secret Commissions" (2012) 71 Cambridge Law Journal 583 Paget, J, and M Hapgood, Paget's Law of Banking (12th ed, 2002, LexisNexis) Smith, L, "Constructive Trusts and the No Profit Rule" (2013) 72 Cambridge Law Journal 260 Swadling, W, "Constructive Trusts and Breach of Fiduciary Duty" (2012) 18 Trusts and Trustees 985 Tyler, E P Young and C Croft, Fisher & Lightwood's Law of Mortgage (3rd ed, 2013, LexisNexis) Watts, P, "Tyrrell v Bank of London: an Inside Look at an Inside Job" (2013) 129 Law Quarterly Review 527 Watts, P, and F M B Reynolds, Bowstead and Reynolds on Agency (18th ed, 2010, Sweet & Maxwell) Worthington, S, "Fiduciary Duties and Proprietary Remedies: Addressing the Failure of Equitable Formulae" (2013) 72 Cambridge Law Journal 720 Category: Principal judgment Parties: Broadway Proceedings 2016/00282940
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