Ralston v Jurisich [2017] NSWCA 63
On the balance of probabilities, Mrs Jurisich would have elected to proceed by way of winding up, and received the relevant sum tax-free, had she received proper advice about the tax consequences of a share buy-back. The solicitors' breach was causative of her loss, and the damages assessed by the trial judge were not erroneous. The appeal is dismissed.
- Parties
- Appellants: John Malbon Ralston and 8 others; Respondent: Helen Jurisich
- Jurisdiction
- Australia
- Judgment Date
- 03 April 2017
- Procedural Posture
- Appeal / Judgment
- Outcome
- Appeal dismissed with costs.
- Legal Topics
- Solicitor's Duty to Advise, Factual Causation, Damages, Appellate Review, Tax Consequences of Share Transactions
Case Brief
Summary, issues, holding and outcome
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Parties
John Malbon Ralston and 8 others
Appellants
Helen Jurisich
Respondent
Procedural Posture
Appeal / Judgment
Legal Issues
- 1 Was the breach of solicitors' duty to advise client to obtain tax advice a necessary condition of the harm suffered (factual causation)?
- 2 Did the primary judge err in findings regarding loss caused by breach?
- 3 Did the respondent prove that she would have acted differently had she received proper advice?
Ratio Decidendi
On the balance of probabilities, Mrs Jurisich would have elected to proceed by way of winding up, and received the relevant sum tax-free, had she received proper advice about the tax consequences of a share buy-back. The solicitors' breach was causative of her loss, and the damages assessed by the trial judge were not erroneous. The appeal is dismissed.
Court Disposition
Appeal dismissed with costs.
Orders
- Appeal dismissed.
- Appellants to pay respondent's costs of the appeal.
Full Case Text
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