Andrews & Ors v Australia and New Zealand Banking Group Limited [2012] HCATrans 181

The High Court of Australia heard an application for special leave to appeal in *Andrews & Ors v Australia and New Zealand Banking Group Limited*. The applicants, a group of individuals, sought to challenge a decision of the Full Federal Court concerning their claims against the respondent bank. The core of the dispute involved allegations of misleading and deceptive conduct and breaches of contract relating to financial products.

The primary legal issue before the High Court was whether the Full Federal Court had erred in its determination that the applicants' claims were time-barred under the relevant limitation periods. This involved considering the application of section 82 of the *Trade Practices Act 1974* (Cth) and the interaction of limitation provisions with the commencement of proceedings. The applicants contended that their claims were not statute-barred, arguing that the limitation period had not expired or that there were grounds for extension.

The High Court, in its consideration of the special leave application, focused on whether there was a reasonably arguable case of error by the Full Federal Court. The applicants' arguments regarding the accrual of their causes of action and the interpretation of the limitation periods were examined. Ultimately, the Court found that the applicants had not demonstrated a sufficient likelihood of error in the Full Federal Court's decision to warrant the grant of special leave to appeal.

Special leave to appeal was refused.