NSW Caselaw
New South Wales Supreme Court
CITATION : Bhagat v Global Custodians Ltd & Ors [2000] NSWSC 321 CURRENT JURISDICTION: Equity Division FILE NUMBER(S) : SC 3398/98 HEARING DATE(S) : 17/03/2000 JUDGMENT DATE : 13 April 2000
Hari Bhagat (P) Global Custodians Ltd (D1) Tyndall Funds Management (NSW) Ltd (D2) Tyndall Funds Management Australia Ltd (D3) Tyndall Australia Ltd (D4) PARTIES : David O'Bryen (D5) Michael Wilkins (D6) Gary Weiss (D7) Sir Ron Brierley (D8) John Murphy (D9) Cowley Hearne (D10) Australian Securities & Investments Commission (D11) JUDGMENT OF : Young J
Plaintiff in person G C Lindsay SC and R F Margo (D1) COUNSEL : B J Preston SC (D2-9) D L Williams (D10) N Hutley SC (D11) Holding Redlich (D1) SOLICITORS : Mallesons Stephen Jaques (D2-9) Ebsworth & Ebsworth (D10) Australian Government Solicitor (D11) CATCHWORDS : Equity [223]- Trusts- Rights of beneficiary- Sub-trust- Beneficiary may have standing to challenge breach of sub-trust Torts [185]- Abuse of process- Scope of tort- What damage is too remote Bayne v Blake (1909) 9 CLR 347 Bhagat v Royal & Sun Alliance Life Assurance Australia Ltd [2000] NSWSC 159 Bryan v Maloney (1995) 182 CLR 609 Caltex Oil (Australia) Pty Ltd v The Dredge "Willemstad" (1976) 136 CLR 529 Castlereagh Motels Ltd v Davies-Roe (1966) 67 SR (NSW) 279 General Steel Industries Inc v Commissioner for Railways (1964) 112 CLR 125 Goldsmith v Sperrings Ltd [1977] 1 WLR 478 Grainger v Hill (1838) 4 Bing NC 212 Gregory v Portsmouth City Council [2000] 2 WLR 306 Hamer-Mathew v Gulabrai (1994) 35 NSWLR 92 Hamer-Mathew v Gulabrai (No 2) [1995] Aust Torts Reports 81-334 CASES CITED : Hanrahan v Ainsworth (1990) 22 NSWLR 73 Huggins v Winn-Dixie Greenville Inc 166 SE (2d) 297 (1969) (South Carolina) Little v Law Institute of Victoria [1990] VR 257 McGann v Allen 134 A 810 (1926) (Conn) Metall & Rohstoff AG v Donaldson Lufkin & Jenrett Inc [1990] 1 QB 391 Packer v Meagher [1984] 3 NSWLR 486 Penthouse Publications Ltd v McWilliam - C/A 14 March 1991 Savill v Roberts (1698) 12 Mod 208 SCM (United Kingdom) Ltd v WJ Whittall & Son Ltd [1971] 1 QB 337 Spellson v George (1992) 26 NSWLR 666 Varawa v Howard Smith Co Ltd (1911) 13 CLR 35 Williams v Spautz (1992) 174 CLR 509 DECISION : See paras 109-115
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