Gray v Richards (No 2) [2011] NSWSC 1502

Supreme Court New South Wales

Medium Neutral Citation: Gray v Richards (No 2) [2011] NSWSC 1502 Hearing dates: 25 November 20111 December 2011 Decision date: 08 December 2011 Before: McCallum J Decision: Plaintiff's application for the future cost of fund management by a private fund manager allowed. Fund management costs allowed on the whole amount of the verdict without deductions. Catchwords: DAMAGES - motor vehicle accident - plaintiff incapable of managing her affairs as a result of defendant's negligence - future fund management costs - whether plaintiff entitled to such costs at the higher rates charged by a private fund manager - whether any sum should be deducted from the verdict for the purpose of the calculation Legislation Cited: Corporations Amendment Regulations 2005 (No. 1). Motor Accidents Compensation Act 1999 NSW Trustee & Guardian Regulation 2008 Uniform Civil Procedure Rules 2005 Cases Cited: Arthur Robinson (Grafton) v Carter (1968) 122 CLR 649 Dasreef Pty Limited v Hawchar [2011] HCA 21 Gray v Richards [2011] NSWSC 877 Government Insurance Office of NSW v Rosniac (1992) 27 NSWLR 665 Griffiths v Kirkemeyer (1977) 139 CLR 161 Makita (Australia) Pty Ltd v Sprowles [2001] NSWCA 305; (2001) 52 NSWLR 705 Mortimer v Burgess (1997) 25 MVR 463; Nimh Heip Tran by his Tutor Thi Lien Kieu Le v GIO (unreported, NSW Supreme Court, 9 August 1994) The Nominal Defendant v Martin (1997) 26 MVR 474 Stocovaz v Fung [2007] NSWCA 199 Todorovic v Waller (1981) 150 CLR 402 Tu Tran v Dos Santos (No. 2) [2009] NSWSC 336 Willett v Futcher [2005] HCA 47; (2005) 221 CLR 627 Category: Principal judgment Parties: Rhiannon Leigh Gray by her Tutor Kathleen Anne Gray Corey Edward Richards Representation: Counsel A Morrison SC with I McGillicuddy (plaintiff) P Deakin QC with B Kelleher and K James (defendant) Solicitors Shine Lawyers (plaintiff) TL Lawyers (defendant) File Number(s): 2009/338685 Publication restriction: None