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Australia fiduciary dutiesaccessory liabilityconstructive trust

Grimaldi v Chameleon Mining NL (No 2) (Accessory)

[2012] FCAFC 6
JurisdictionAustralia
CourtFull Court of the Federal Court of Australia
Year2012
StatusBinding authority

Key Principle

A third party who knowingly assists in a fiduciary's dishonest and fraudulent design, or who knowingly receives property transferred in breach of fiduciary duty or trust, is liable as an accessory under the two limbs of Barnes v Addy, and equitable remedies including a constructive trust may be imposed as a matter of discretion.

Area of Law

company

Related Cases

Shafron v Australian Securities and Investments Commission (2012) 247 CLR 465
Bell Group Ltd (in liq) v Westpac Banking Corporation [2012] WASCA 157
Barclay v Penberthy Barclay v Penberthy [2012] HCA 40; (2012) 246 CLR 258

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