Fulmer v Thompson (No 2)

The case of Fulmer v Thompson (No 2) involved a dispute between the plaintiff, Mr Fulmer, and the defendants, Mr and Mrs Thompson. The plaintiff sought damages for breach of contract by the defendants, claiming loss of share value, loss of the chance to profit, and loss of income that he would otherwise have earned. The case was heard in the Supreme Court of Queensland.

The primary legal issue before the court was whether the plaintiff was entitled to damages for the various losses he claimed. The court had to consider the nature of the losses and the extent to which they were foreseeable and directly caused by the defendants' breach of contract. Additionally, the court needed to determine if the plaintiff's claims for loss of income were valid and if so, the appropriate amount of damages.

The court found that the plaintiff was entitled to damages for breach of contract and loss of the chance to profit. However, it declined to award damages for loss of income. The reasoning behind this decision was that the plaintiff had not demonstrated a sufficient causal link between the defendants' breach of contract and the alleged loss of income. The court held that the plaintiff's claims for loss of income were speculative and not directly caused by the breach of contract. The court awarded damages in the amount of $993,161.39 to the plaintiff against the defendants.

The court further scheduled a hearing to discuss costs, to be held on 22 November 2017, unless the parties agreed on costs beforehand.