Daily Banking: Monday, 25 April 2016
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A daily Bulletin listing our choice of Decisions of Superior Courts of Australia.

Daily Banking

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Executive Summary (One Minute Read)
Grant-Taylor v Babcock & Brown Ltd (in liq) (FCAFC) - corporations - dismissal of application against company and liquidator for breach of continuous disclosure obligations - appeal dismissed
Manno v Manno (NSWSC) - equity - estoppel - claim by son against parents for entitlement to subdivided lot or compensation - further amended statement of claim dismissed
B & B Enterprise (Aust) Pty Ltd v Sur Holdings Pty Ltd (NSWSC) - default judgment - appeal against Magistrate's refusal to set aside default judgment - miscarriage of discretion - leave to appeal granted - appeal upheld
DHR International Inc v Challis (No 3) (NSWSC) - contempt - letters sent to third party were not improper attempt to cause third party to pressure applicant to concede to defendants' demands in substantive proceedings - acquittal
Stanley Rural Community Inc v Stanley Pastoral Pty Ltd (VSC) - security for costs - dispute arising from permission to extract water from land - applicant seeking leave to appeal from decision of Victorian Civil and Administrative Tribunal - respondent granted security for costs
Swindells v Victoria (No 2) (VSCA) - costs - successful respondents not responsible for unsuccessful applicant's circumstances - respondents to have cost of proceeding
Whittington v Smeaton (ACTSC) - negligence - boating accident - plaintiff observer on jet-ski towing water-skier fell into water - foot amputated by tow-rope - defendants were owner and driver of jet-ski - judgment for plaintiff against defendants - judgment for defendants against third party insurer
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1. This Benchmark Television broadcast is with Mark Livesey QC and Alan Conolly on the challenges of forming an national legal profession.

2. Mark has played leadership roles in the law in diverse roles and my discussion with him I found very interesting. We are in a federation but our legal profession is already a national profession. It is in a uniting profession with more to be achieved.

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Mark Livesey QC and Alan Conolly on the Australian Legal Profession
Mark Livesey QC and Alan Conolly discuss the challenges of forming a national legal profession.
Summaries With Link (Five Minute Read)
Grant-Taylor v Babcock & Brown Ltd (in liq) [2016] FCAFC 60
Full Court of the Federal Court of Australia
Allsop CJ; Gilmour & Beach JJ
Corporations - continuous disclosure obligations - appellants purchased shares in company (BBL) - appellants lost value of investment when BBL placed in voluntary administration - appellants appealed against dismissal of application for damages against BBL and liquidator for breaches of continuous disclosure obligations in 674(2) Corporations Act 2001 (Cth) - ss254T, 256B, 256D, 296, 297, 674, 676 & 677 - “final dividend information” - “final report information” - “insolvency information” - materiality of information - “commonly invest in securities” - general availability of material - “aware” in Listing Rule - held: appellants established primary judge construed phrase “commonly invest in securities” differently from preferred construction, however difference did not entail disclosure was required - other grounds of appeal not made out - appeal dismissed.
Grant-Taylor
Manno v Manno [2016] NSWSC 493
Supreme Court of New South Wales
Stevenson J
Equity - estoppel - plaintiff son claimed defendants, who were his mother and father, represented to him they would subdivide their land give him, and his siblings, a lot from subdivision - parents sold the land without subdividing - plaintiff contended parents estopped from denying that he was entitled to “a subdivided lot” or should be compensated - Family Law Act 1975 (Cth) - Uniform Civil Procedure Rules 2005 (NSW) - held: there was no unconscionability on parents' part - Court not satisfied any statement which may have been made by parents induced plaintiff to join business established by father - even if plaintiff induced no evidence any detriment suffered - evidence did not establish that any reliance by plaintiff was reasonable - further amended statement of claim dismissed.
Manno
DHR International Inc v Challis (No 3) [2016] NSWSC 492
Supreme Court of New South Wales
Button J
Contempt - applicant “prosecutor” filed notice of motion against defendant “the charge document” alleging defendant committed contempt by sending four letters to a third party - each letter signed by defendant's principal - whether defendant had improperly attempted to cause third party to pressure prosecutor to comply with defendant's forensic demands - Pt 1A Crimes Act 1900 (NSW) - held: Court not satisfied prosecutor established beyond reasonable doubt that letters were improper attempt to cause third party to pressure prosecutor to consent to orders which defendants were seeking in substantive proceedings - charge dismissed - verdict of acquittal granted.
DHR
B & B Enterprise (Aust) Pty Ltd v Sur Holdings Pty Ltd [2016] NSWSC 490
Supreme Court of New South Wales
Button J
Default judgment - appeal against Magistrate's refusal to set aside default judgment entered against appellant in respondent's favour - appellant contended Magistrate had “ focused too precisely upon the factors that inform whether it is in the interests of justice for a default judgment to be set aside, rather than upon the interests of justice” - held: Court satisfied Magistrate's discretion had miscarried in relation to adequacy of explanation for delay and whether defence arguable - Magistrate had made “sub-assessments” which were not open to her “evaluative judgment” - leave to appeal granted - appeal upheld.
B & B Enterprise
Stanley Rural Community Inc v Stanley Pastoral Pty Ltd [2016] VSC 173
Supreme Court of Victoria
Ginnane J
Security for costs - dispute arising from grant of permission to respondent to extract water from its land - applicant sought leave to appeal against decision of Victorian Civil and Administrative Tribunal (VCAT) - applicant was non-profit incorporated association which had been an objector in VCAT proceedings - respondent sought security for costs of proceeding under r62.02(b) Supreme Court (General Civil Procedure) Rules 2015 (Vic) or Court's inherent jurisdiction - balance of respondent's interest in protection from prejudice in recovering costs arising from applicant's limited liability, with risk of applicant being shut out from seeking relief - held: on consideration of case overall, Court considered it appropriate applicant to provide some security for costs - security for costs ordered.
Stanley
Swindells v Victoria (No 2) [2016] VSCA 77
Court of Appeal of Victoria
Warren CJ; Tate & Santamaria JJA
Costs - Court made judgment in proceedings and refused - leave to appeal - respondents sought costs on standard basis - unsuccessful applicant sought that parties should bear own costs on basis of effect of adverse costs order - applicant claimed removal from office of mining warden had affected him mentally and physically, that he could not meet costs order and that respondents should have settled - held: Court not satisfied respondents responsible for applicant's difficulties - applicant's submissions were in effect seeking compensatory relief - respondent had initiated trial and application for leave to appeal - applicant had been unsuccessful - respondents should have their costs.
Swindells
Whittington v Smeaton [2016] ACTSC 76
Supreme Court of the Australian Capital Territory
Mossop AsJ
Negligence - boating accident - plaintiff was observer on jet ski driven by second defendant - jet ski was towing first defendant waterskier - first defendant owned jet-ski - first defendant fell - jet ski was turning around when it struck another boat's wake - plaintiff fell into water - plaintiff's leg became somehow entangled in tow rope and plaintiff's foot was amputated - plaintiff sued defendants - defendants joined third party insurer which denied liability to first defendant because second defendant was not licensed to drive jet ski - s45 Civil Laws (Wrongs) Act 2003 (ACT) - s5L Civil Liability Act 2002 (NSW) - ss9, 11, 13, 18 &19 Civil Liability Act 2003 (Qld) - s54 Insurance Contracts Act 1984 (Cth) - s95(3) Transport Operations (Marine Safety) Regulations 2004 (Qld) - held: plaintiff established defendants were liable - plaintiff not engaging in dangerous recreational activity - no obvious risk - loss giving rise to claim not caused by unlicensed driving - insurer not entitled to refuse to pay claim for that reason - judgment for plaintiff against defendants - judgment for defendants against third party insurer.
Whittington