The High Court today delivered judgment in the matter of Rhiannon Gray by her tutor Kathleen Anne Gray v Richards. The argument at hearing focused on recovery of fees incurred by a disabled plaintiff in management of, and income on, damages.
The Court summary explains:
Today the High Court unanimously allowed, in part, an appeal from the Court of Appeal of the Supreme Court of New South Wales, which had held that Ms Gray was not entitled to recover, as a component of a damages award, an amount in respect of the costs associated with managing a lump sum damages award.
…the Court held that the Court of Appeal had erred in deciding that no allowance should be made for the cost of managing the fund management damages, but was correct in deciding that no allowance should be made for the cost of managing the fund’s predicted future income.
The link to the case summary is:
The link to the judgment is: