Permanent Custodians Limited and Anor v King and Ors [2009] NSWSC 600

New South Wales Supreme Court

CITATION : Permanent Custodians Limited and Anor v King and Ors [2009] NSWSC 600

HEARING DATE(S) : 30 March 2009, 31 March 2009, 1 April 2009, 2 April 2009, 7 April 2009, 30 April 2009, 13 May 2009

JUDGMENT DATE : 3 July 2009

JUDGMENT OF : Schmidt AJ

CATCHWORDS : PROFESSIONS AND TRADES - lawyers - duties and liabilities - solicitor and client - negligence - mortgage and loans - what was the duty owed by solicitor to client - was the duty breached - conflict of interest - lack of informed consent - failure to advise - solicitor's common practice - what was the foreseeability of loss - causation - damages - alleged breaches of duty established - orders made

Consumer Credit Code LEGISLATION CITED : Civil Liability Act 2002 Real Property Act 1900 Revised Professional Conduct and Practice Rules 1995

CATEGORY : Principal judgment

Baker v Sheridan [2005] NSWSC 89 Berry v Kanakis [2002] NSWCA 68 Capital Brake Service Pty Limited v Meagher [2003] NSWCA 225 Chappel v Hart (1998) 195 CLR 232 Credit Lyonnais SA v Russell Jones and Walker [2003] Lloyd's Rep PN 7 David v David [2009] NSWCA 8 Hawkins v Clayton [1988] HCA 15 HML v R [2008] HCA 16 Ibrahim v Pham [2005] NSWSC 246 CASES CITED : Jones v Dunkel (1959) 101 CLR 298 Jovic v Lamont [2007] NSWCA 47 Stephen James Rigg v Paul Sheridan [2008] NSWCA 79 Macindoe and Another v Parbery (1994) Aust Torts Reports 81-290 Midland Bank Trust Co Limited v Hett Stubbs and Kemp [1979] CH 384 Nikolic v Nikolic [2002] NSWCA 248 Oshlack v Richmond River Council (1998) 193 CLR 72 Riz v Perpetual Trustee Australia Limited [2007] NSWSC 1153 Trust Co of Australia v Perpetual Trustees WA Limited (1997) 42 NSWLR 237 Wentworth v Wentworth [1999] NSWSC 638