Azmin Firoz Daya v CX Reinsurance Company Limited [2012] NSWSC 1622

Supreme Court New South Wales

Medium Neutral Citation: Azmin Firoz Daya v CX Reinsurance Company Limited [2012] NSWSC 1622 Hearing dates: 23 November 2012 Decision date: 23 November 2012 Jurisdiction: Equity Division - Corporations List Before: Brereton J Decision: Tender of report rejected Catchwords: EVIDENCE - opinion evidence - expert opinion - Evidence Act, s 79 - defendant tenders opinion on interpretation and application of accounting standards - plaintiff objects to tender on ground that opinion is not based on specialised knowledge - whether interpretation of accounting standards is specialised field of knowledge in which expert is demonstrated to be qualified by study or experience Legislation Cited: (NSW) Evidence Act 1995, s 79(1) Cases Cited: Australian Cement Holdings Pty Limited v Adelaide Brighton Limited [2001] NSWSC 645 Australian Securities & Investments Commission v Vines [2003] NSWSC 1095; [2003] 48 ACSR 291 BI (Contracting) Pty Limited v University of Adelaide [2008] NSWCA 210 The Queen v Farquharson [2009] VSCA 307 Category: Procedural and other rulings Parties: Azmin Firoz Daya - Plaintiff CX Reinsurance Company Ltd (formerly CNA Reinsurance Ltd) - First Defendant GE Frankona Reinsurance Ltd (formerly Eagle Star Reinsurance Company Ltd) - Second Defendant Aviva Plc (formerly General Accident Fire & Life Assurance Corp plc) - Third Defendant Certain Underwriters at Lloyds (Contract No ENCDOPR98) - Fourth Defendant Royal & Sun Alliance plc - Fifth Defendant Certain Underwriters at Lloyds (Contract No ENCDOX598) - Sixth Defendant International Insurance Company of Hannover Ltd - Seventh Defendant Representation: Counsel: Dr Bell SC & Mr Williams - Plaintiff Mr Sexton SC, Mr Muston & Ms Callan - Defendants Solicitors: Sparke Helmore - Plaintiff HWL Ebsworth - Defendants File Number(s): 2004/ 175282