Firstmac Fiduciary Services Pty Limited & Anor v HSBC Bank of Australia Limited [2012] NSWSC 1122

Supreme Court New South Wales

Medium Neutral Citation: Firstmac Fiduciary Services Pty Limited & Anor v HSBC Bank of Australia Limited [2012] NSWSC 1122 Hearing dates: 12 September 2012 Decision date: 18 September 2012 Jurisdiction: Equity Division Before: Sackar J Decision: Paragraphs 54, 55 Catchwords: Contract, construction of contract clause, exclusion clause, agreed time limit for claim, whether valid, whether applicable Legislation Cited: Trade Practices Act Cases Cited: Codelfa Construction Pty Ltd v State Rail Authority (NSW) (1982) 149 CLR 337 Commonwealth v Verwayen (1990) 170 CLR 394 Darlington Futures Limited v Delco Australia Pty Ltd (1986) 161 CLR 500 Lane Cove Council v Michael Davies & Associates [2012] NSWSC 727 Owners SP 62930 v Kell and Rigby Pty Ltd [2009] NSWSC 1342 Pacific Carriers Ltd v BNP Paribas (2004) 218 CLR 451 Port Jackson Stevedoring Pty. Ltd. v Salmond & Spraggon (Aust.) Pty. Ltd. (1977) 139 CLR 231 Santos Coffee Company Pty Ltd v Direct Freight Express Pty Ltd [2010] NSWCA 14 Western Australia v Wardley Australia Ltd (1991) 30 FCR 245 Western Export Services Inc v Jireh International Pty Ltd [2011] 86 ALJR 1 Texts Cited: Peter Handford, Limitation of Actions - The Laws of Australia, (3rd ed., 2011) Category: Principal judgment Parties: Firstmac Fiduciary Services Pty Limited - plaintiff HSBC Bank of Australia Limited - defendant Representation: Counsel: R G Bain QC - plaintiff S G Habib SC, C Colquhoun - defendant: Solicitors: Bartley Cohen - plaintiff Dibbsbarker - defendant File Number(s): 2011/411305