Funds management fees: Potential recovery

Jones v Warwick Total Security Service Pty Limited [2017] QDC 114 was a trial on the issue of the quantum of management fees of damages payable to the plaintiff, in the context of conflicting medical evidence on the prospect of the claimant’s recovery from a head injury with functional overlay. The court found at [53] that the evidence showed that the claimant would need financial management for at least 10 years but had a further life expectancy of 61 years.

Applying the principles in Malec v J C Hutton, the court discounted the life expectancy funds management sum by 33%.


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