Ingot & Ors v Macquarie & Ors [2004] NSWSC 1136

New South Wales Supreme Court

CITATION : Ingot & Ors v Macquarie & Ors [2004] NSWSC 1136 HEARING DATE(S) : 9 November 2004 JUDGMENT DATE : 30 November 2004

JUDGMENT OF : McDougall J at 1 DECISION : See paras [88]-[90] of judgment

CATCHWORDS : PRACTICE AND PROCEDURE - application for leave to amend cross-claims - Barnes v Addy (1874) LR 9 Ch App 244 - whether cross-claims properly plead case of knowing and dishonest assistance in breaches of fiduciary duty - whether pleading of knowledge sufficiently set out material facts as to knowledge - no issue of principle LEGISLATION CITED : Corporations Law Barnes v Addy (1874) LR 9 Ch App 244 Alexander v Cambridge Credit Corporation Ltd (1987) 9 NSWLR 310 Arthur Young & Anor v Tieco International & Ors (1995) 182 LSJS 367 NCR Australia v Credit Connection Pty Ltd [2004] NSWSC 1 CASES CITED : Baden v Societe Generale [1993] 1 WLR 509 Consul Development Pty Limited v DPC Estate Pty Limited (1975) 132 CLR 373 Alexander v Cambridge Credit Corporation Ltd (1987) 9 NSWLR 310 Galoo Ltd v Bright Grahame Murray [1994] 1 WLR 1360 Ampolex Ltd v Perpetual Trustee Company (Canberra) Ltd (1996) 20 ACSR 649 PARTIES : Ingot Capital Investments Pty Limited & Ors (Plaintiffs) Macquarie Equity Capital Markets Limited & Ors (Defendants) FILE NUMBER(S) : SC 50169/01 COUNSEL : S G Finch SC/L McCallum (for cross-claimant on 33rd and 36th cross-claims) M A Pembroke SC/L P Menzies (for 1st and 2nd cross-defendants to the 33rd amended cross-claim) SOLICITORS : Henry Davis York (NCRA) TressCox (Guy Carpenter)