Russo & Ors v Russo & Ors [2015] NSWSC 17

Supreme Court New South Wales

Medium Neutral Citation: Russo & Ors v Russo & Ors [2015] NSWSC 17 Hearing dates: 28 August 2014, 8, 9, 10, 11 & 12 September and 26 November 2014 Decision date: 02 February 2015 Jurisdiction: Equity Division Before: Slattery J Decision: Account in common form ordered. Catchwords: EQUITY – claim for an account in common form – alleged joint venture in land development – whether the parties to these proceedings were joint venturers – whether plaintiffs have already provided adequate accounts to the plaintiffs.

LIMITATION OF ACTION – what is the limitation period for a claim for an account in common form – when does the limitation period for an account in common form commence – whether proceedings commenced more than six years after expiry of the relevant limitation period. Legislation Cited: Limitation Act 1969 ss 14(1)(a), 15, 23, 63 and 64. Cases Cited: Akcan v Cross [2013] NSWSC 802 Air Tahiti Nui Pty Limited v McKenzie [2009] NSWCA 429 Cassegrain & Co Pty Ltd v Cassegrain [2011] NSWSC 1156 Doss v Doss (1843) 18 ER 464 Faitrouni v El Omar [1999] NSWSC 84 Feiglin v Ainsworth [2011] VSC 454 Frinty v Landmax Developments [2010] NSWSC 734 Grace v Grace [2012] NSWSC 796 Juul v Northey [2010] NSWCA 211 Lang v Simon (1952) 53 SR (NSW) 508 Marcolongo v Mattuissi [2000] NSWSC 834 Re Cyril Sharp and Ors [1992] FCA 616 Southern Equity Pty Ltd v Timevale Pty Ltd [2012] NSWSC 15 United Dominions Corp Ltd v Brian Pty Ltd (1985)157 CLR 1 Warman International Limited v Dwyer (1995) 182 CLR 544 Texts Cited: On Equity, Croft, Smith and Young, Thompson Law book Co, at [16.1340] Category: Principal judgment Parties: First plaintiff: Angelo Phillip Russo Second plaintiff: Rosemary Russo Third plaintiff: Anros Consulting Pty Ltd First defendant: Joseph John Russo Second defendant: Suzanne Russo Third defendant: John Russo Fourth defendant: Barbara Murphy Representation: Counsel: Plaintiffs: M.A. Ashhurst SC; L. Corbett Defendants: P.W. Bates