Malamit Pty Ltd v WFI Insurance Ltd & Ors [2016] NSWSC 1306

Supreme Court New South Wales

Medium Neutral Citation: Malamit Pty Ltd v WFI Insurance Ltd & Ors [2016] NSWSC 1306 Hearing dates: 9 August 201615 August 201619 August 2016 (Defendant's further written submissions)30 August 2016 (Plaintiff's further written submissions) Date of orders: 16 September 2016 Decision date: 16 September 2016 Before: Sackar J Decision: See para [116] Catchwords: CONTRACTS – construction of commercial contracts – meaning of "for the benefit of" – meaning of "third party" – meaning of "on behalf of" INSURANCE – construction of insurance contracts – interpreting exclusion clauses TRUSTS – meaning of "present entitlement" – for the benefit of – discretionary trusts – unit trusts Cases Cited: Alex Kay Pty Ltd v General Motors Acceptance Corporation [1963] VR 458 CGU Insurance Ltd v Porthouse (2008) 235 CLR 103 Chief Commissioner of Stamp Duties (NSW) v Buckle (1998) 192 CLR 226 Chubb Insurance Company of Australia Limited v Robinson [2016] FCAFC 17 Commissioner of Taxation v ElecNet (Aust) Pty Ltd (Trustee) [2015] FCAFC 178 CTP Custodians Pty Ltd v Commissioner of State Revenue of the State of Victoria (2005) 224 CLR 98 Cypojayne Pty Limited v Sverre Rodskog (2009) NSWSC 301 Darlington Futures Limited v Delco Australia Pty Ltd (1986) 161 CLR 500 Digby v General Accident Fire & Life Assurance Corporation Ltd [1943] AC 121 FCT v Whiting (1942) 68 CLR 199 Federal Commissioner of Taxation v Vegners (1989) 90 ALR 547 Fraser v BN Furman (Productions) Limited [1967] 1 WLR 898 Halford v Price (1960) 105 CLR 23 Harmer v FCT (1991) 173 CLR 264 Liberty International Underwriters v The Salisbury Group Pty Ltd (in liq) & Ors [2014] QSC 240 Maye v The Colonial Mutual Life Assurance Society Ltd (1924) 35 CLR 14 McCann v Switzerland Insurance Australia Ltd (2000) 203 CLR 579 Mount Bruce Mining Pty Limited v Wright Prospecting Pty Limited (S99/2015; S102/2015) (2015) 256 CLR 104 Plevin v Paragon Personal Finance [2014] UKSC 61 Selected Seeds Pty Ltd v QBEMM Pty Ltd (2010) 242 CLR 336 Taylor & Anor v FCT (1970) 11 CLR 444 Wharton v Masterman [1895] AC 186 Wilkie v Gordian Runoff Ltd (2005) 221 CLR 522 Category: Principal judgment Parties: Malamit Pty Limited (plaintiff) WFI Insurance Limited trading as Lumley General (first defendant) Arthur J Gallagher (Aus) Pty Ltd (second defendant) Martin Andrews (third defendant) Representation: Counsel: T Lynch SC, D Hand (plaintiff) J Sexton SC, A Barnett (first defendant) Unrepresented (second and third defendants)