A declaration as to future contractual rights is not hypothetical where the party seeking it has a clearly stated intention to engage in the relevant conduct and there is a real dispute between the parties, even if the conduct has not yet occurred. However, a declaration as to the power of a third party to take action is hypothetical where that third party has not indicated any present intention to act. The common interest privilege does not apply to communications between parties whose interests are adversarial rather than common, even where they are parties to the same broader litigation funding arrangement.
The full text is available to signed-in members, including the 18 later cases that cite this judgment.