Alesco Corporation Limited ACN 008 666 064 v Te Maari

[2015] NSWSC 469

Supreme Court of NSW

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1. EQUITY — First Defendant — An employee misappropriates funds of Plaintiff employer — Misappropriated funds applied for the benefit of Defendants
1. REMEDIES — Remedies in equity — Tracing funds — Subrogation — Constructive trust — Equitable charge — Actual or constructive knowledge of second Defendant
1. PROCEDURE — Whether failure to file a defence is an admission of the facts pleaded in the Statement of ClaimClick here to enter text. — Whether hearing should proceed in absence of the Defendants