Youyang Pty Ltd v Minter Ellison Morris Fletcher: 3 Apr 2003

High Court of Australia – Trusts – Express trust – Money received by firm of solicitors to be held for a specific purpose and in accordance with specific conditions – Misapplication of funds by firm – Breach of express trust – Liability of firm as trustee – When breaches of trust occurred – Remedies – Restoration of trust fund – Causation – Whether appellant suffered a recoverable loss in consequence of firm’s breaches of trust – Whether appellant would not have suffered loss but for breach of trust – When loss is to be assessed.

Judges:

Gleeson CJ, McHugh, Gummow, Kirby, Hayne JJ

Citations:

(2003) 212 CLR 484, [2003] HCA 15

Links:

Austlii

Cited by:

CitedAIB Group (UK) Plc v Mark Redler and Co Solicitors SC 5-Nov-2014
Bank not to recover more than its losses
The court was asked as to the remedy available to the appellant bank against the respondent, a firm of solicitors, for breach of the solicitors’ custodial duties in respect of money entrusted to them for the purpose of completing a loan which was to . .
Lists of cited by and citing cases may be incomplete.

Commonwealth

Updated: 11 May 2022; Ref: scu.554207