Read the full judgment text of HCA 005563/1999 on BabelCite. This High Court CFI judgment was delivered on 9 April 1999.
1. I am satisfied that the Plaintiff has established that it has an arguable case that, by agreeing to sell the yacht to Barbara Karran or Frank Curcio on 22nd March, Fund Wealth was in breach of its agreement of 9th March with the Plaintiff to sell the yacht to the Plaintiff. However, of greater significance for present purposes is the fact that I am also satisfied that the Plaintiff has established that it has an arguable case that, by reason of the equitable doctrine of conversion, its agreem