Asset Risk Management v Hyndes

The appeal in *Asset Risk Management v Hyndes* concerned allegations of wrongdoing by an employee, Mr Hyndes, against his employer, Asset Risk Management. The dispute involved claims of breach of an express term of contract and breach of an equitable duty. The matter was heard by Meagher, Sheller and Stein JJA in the Court of Appeal of New South Wales.

The central legal issues before the Court of Appeal were whether Mr Hyndes had breached an express term of his employment contract and whether he had breached an equitable duty owed to his employer. The court was also required to consider an allegation that an implied term had been abandoned.

The Court of Appeal found that the appeal should be allowed. While the specific reasoning is not detailed in the provided text, the outcome indicates that the court determined the allegations of breach of contract and equitable duty were not made out, or that the appeal against the lower court's decision on these matters was successful. Consequently, the appeal was allowed.