NSW Caselaw
New South Wales Supreme Court
CITATION : Thomas v SMP International (No 4) [2010] NSWSC 984 This decision has been amended. Please see the end of the judgment for a list of the amendments.
20 July 2010 26 - 30 July 2010 HEARING DATE(S) : 2 - 6 August 2010 9 - 13 August 2010 16 - 19 August 2010 23 - 27 August 2010
JUDGMENT DATE : 22 September 2010
JURISDICTION : Equity
JUDGMENT OF : Pembroke J
CATCHWORDS : FIDUCIARY DUTY: loyalty - fair and open dealing - honesty - FIDUCIARY DUTY: accountant - non-traditional category - particular circumstances - EQUITABLE COMPENSATION: causation and principles - Brickenden's case - EVIDENCE: complex fact findings - practical limits in explaining all considerations and impressions - CREDIBILITY: reconstruction - uncorroborated assertions - principle in Watson v Foxman - COSTS: Sanderson order
CATEGORY : Principal judgment
Abalos v Postal Commission (1990) 171 CLR 167 Aneve Pty Limited & Ors v Bank of Western Australia Limited [2005] NSWCA 441 Beach Petroleum v Abbott Tout (1999) 48 NSWLR 1 Biggs v London Loan & Savings Co [1933] 3 DLR 161 Biogen Inc v Medeva PLC [1997] RPC 1 Breen v Williams (1996) 186 CLR 71 Brickenden v London Loan & Savings Co [1934] 3 DLR 465 Bristol & West Building Society v Mothew [1998] Ch 1 Re Coomber; Coomber v Coomber [1911] 1 Ch 723 Re Dawson (dec'd) [1966] 2 NSWR 211; (1966) 84 WM (Pt 1) (NSW) 399 For the Good Times Pty Ltd v Coltern Pty Ltd [2007] NSWSC 807 Hungerfords v Walker (1989) 171 CLR 125 CASES CITED : John Alexander's Clubs Pty Ltd v White City Tennis Club Ltd & Ors [2010] HCA 19 McKenzie v McDonald [1927] VLR 134 McMurtrie v Commonwealth of Australia [2006] NSWCA 148 Meinhard v Salmon (1928) 249 NY 458 Nocton v Lord Ashburton [1914] AC 932 O'Halloran v R T Thomas & Family Pty Ltd (1998) 45 NSWLR 262 Pavan v Ratman (1996) 23 ACSR 214 Pilmer v Duke Group Ltd (in liq) (2001) 207 CLR 165 Societe d'Avances Commerciales v Merchant's Marine Insurance Co (1924) 20 Ll.L Rep 140 State Rail Authority of New South Wales v Earthline Constructions Pty Ltd (1999) 160 ALR 588 Swindle v Harrison (1997) 4 All ER 705 United Dominions Corporation Ltd v Brian (1985) 157 CLR 1 Warman International Limited v Dwyer (1995) 182 CLR 544 Watson v Foxman (1995) 49 NSWLR 315
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