Hu by his tutor Zhao v Wong [2014] NSWSC 641

Hu by his tutor Zhao v Wong [2014] NSWSC 641

It is appropriate to release the funds held in court to the Plaintiff's tutor, as trustee, for investment with Perpetual Private in accordance with the affidavit evidence, ensuring the minor's interests are protected until majority or capacity is attained.

Source-derived case information.

Jurisdiction
Australia
Judgment Date
22 May 2014
Procedural Posture
Interlocutory Application / Application for Release of Funds in Court
Outcome
Application granted
Legal Topics
['damages' 'money in Court' 'investment' 'release of Funds' 'trusteeship']
['common Law'] ['damages' 'money in Court' 'investment' 'release of Funds' 'trusteeship']

Source-derived case record

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Procedural Posture

Interlocutory Application / Application for Release of Funds in Court

Legal Issues

  1. 1 ['Whether monies held in court for a minor plaintiff should be released to the trustee for investment']

Ratio Decidendi

It is appropriate to release the funds held in court to the Plaintiff's tutor, as trustee, for investment with Perpetual Private in accordance with the affidavit evidence, ensuring the minor's interests are protected until majority or capacity is attained.

Court Disposition

Application granted

Orders

  • ["Monies paid to the Supreme Court be released to the Plaintiff's tutor Catherine Zhao as trustee for investment only with Perpetual Private in accordance with the affidavit of Anh Stelfox affirmed 23 January 2014."]