FX Group Holdings Pty Ltd v Perpetual Trustee Company Limited as trustee of the CPEC 8 Trust A (formerly the CHAMP IV Trust A) [2023] NSWSC 681

FX Group Holdings Pty Ltd v Perpetual Trustee Company Limited as trustee of the CPEC 8 Trust A (formerly the CHAMP IV Trust A) [2023] NSWSC 681

Privilege is waived only for the parts of communications relevant to the allegations regarding the Profit Sharing Arrangement, not the entire email chains. Where the redacted material relates to different subject matters, there is no inconsistency necessitating waiver of privilege over those contents.

Jurisdiction
Australia
Judgment Date
21 June 2023
Procedural Posture
Commercial List Equity / Procedural Ruling on Privilege Waiver and Notice of Motion
Outcome
Notice of Motion dismissed with costs
Legal Topics
['client Legal Privilege' 'waiver of Privilege' 'rectification' 'share Sale Agreement']

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Procedural Posture

Commercial List Equity / Procedural Ruling on Privilege Waiver and Notice of Motion

  1. 1 ['Whether making certain allegations in a cross-claim waives client legal privilege over entire email chains' 'Extent of privilege waiver regarding communications relating to profit sharing arrangement in Share Sale Agreement']

Ratio Decidendi

Privilege is waived only for the parts of communications relevant to the allegations regarding the Profit Sharing Arrangement, not the entire email chains. Where the redacted material relates to different subject matters, there is no inconsistency necessitating waiver of privilege over those contents.

Court Disposition

Notice of Motion dismissed with costs

Orders

  • ["First and second cross-defendants' Notice of Motion of 30 May 2023 is dismissed with costs"]