Court of Appeal
Supreme Court
New South Wales
Medium Neutral Citation: Maestrale v Aspite (No 2) [2014] NSWCA 302 Hearing dates: On the papers Decision date: 03 September 2014 Before: Beazley P;
Macfarlan JA;
Barrett JADecision: 1. Vary order (2) made on 6 June 2014, with effect from that date, to read:
Set aside the award of damages made by her Honour and in lieu thereof order that the respondents pay to the appellant damages in the sum of $273,298.00 together with pre-judgment interest in the sum of $120,631.12, so that the judgment sum payable to the appellant is $393,929.12.
2. The respondents to pay to the appellant:
(a) If all monies owing by the respondents are paid to the appellant pursuant to these orders within 28 days, post-judgment interest in the sum of $15,358.26; or
(b) Otherwise, post-judgment interest on the amount of the judgment sum as is from time to time unpaid, calculated in accordance with the Civil Procedure Act 2005, s 101.
3. The appellant to pay the respondents' costs of the parties' further submissions on the calculation of interest.
[Note: The Uniform Civil Procedure Rules 2005 provide (Rule 36.11) that unless the Court otherwise orders, a judgment or order is taken to be entered when it is recorded in the Court's computerised court record system. Setting aside and variation of judgments or orders is dealt with by Rules 36.15, 36.16, 36.17 and 36.18. Parties should in particular note the time limit of fourteen days in Rule 36.16.]
Catchwords: INTEREST - pre-judgment interest - Civil Procedure Act 2005, s 100(1) - calculation of interest - date from which pre-judgment interest should run
INTEREST - post-judgment interest - Civil Procedure Act 2005, s 101 - calculation of interest - date to which post-judgment interest should runLegislation Cited: Civil Procedure Act 2005
Supreme Court Act 1970
Uniform Civil Procedure Rules 2005Cases Cited: Coulton v Holcombe [1986] HCA 33; 162 CLR 1
Nu Line Construction Group Pty Ltd v Fowler (No 3) [2014] NSWCA 229Texts Cited: Supreme Court Practice Note 16 (16 June 2010) Category: Consequential orders Parties: Aldo Maestrale (Appellant)
Dante Aspite (First Respondent)
Bartholomew Rando (Second Respondent)Representation: Counsel:
C T Barry QC; J Rowe (Appellant)
G A Sirtes; J Downing (Respondents)
Solicitors:
MMD Law (Appellant)
HWL Ebsworth Lawyers (Respondents)
File Number(s): CA 2013/31938 Decision under appeal
- Jurisdiction:
- 9111
- Citation:
- Maestrale v Aspite [2012] NSWSC 1420; Maestrale v Aspite (No 2) [2012] NSWSC 1421
- Before:
- Fullerton J
- File Number(s):
- 2008/289388
Judgment
THE COURT: On 6 June 2014, the principal judgment in this matter was delivered by the Court: Maestrale v Aspite [2014] NSWCA 182. The Court ordered that the award of damages made by the primary judge be set aside and that the respondents pay the appellant damages in the sum of $273,298 together with interest calculated in accordance with Supreme Court Practice Note 16 (16 June 2010). The Court directed the parties to file short minutes of order to…
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- AGLC
- Maestrale v Aspite (No 2) [2014] NSWCA 302
- Case
- [2014] NSWCA 302
- Decision Date
CaseChat Overview and Summary
The primary legal issues before the Court of Appeal were the date from which pre-judgment interest should be calculated under section 100(1) of the *Civil Procedure Act 2005*, and the date to which post-judgment interest should run under section 101 of the same Act.
The Court of Appeal varied the original order regarding damages, setting aside the initial award and substituting it with a new sum of $273,298.00. In relation to pre-judgment interest, the Court ordered payment of $120,631.12, effectively determining the commencement date for this interest calculation. For post-judgment interest, the Court made a conditional order: if the full judgment sum was paid within 28 days, a specific amount of $15,358.26 was to be paid; otherwise, post-judgment interest would accrue on the unpaid balance in accordance with section 101 of the *Civil Procedure Act 2005*. The appellant was ordered to pay the respondents' costs of the further submissions on the calculation of interest.
Orders
Orders of the court
1. Vary order (2) made on 6 June 2014, with effect from that date, to read:
Set aside the award of damages made by her Honour and in lieu thereof order that the respondents pay to the appellant damages in the sum of $273,298.00 together with pre-judgment interest in the sum of $120,631.12, so that the judgment sum payable to the appellant is $393,929.12.
2. The respondents to pay to the appellant:
(a) If all monies owing by the respondents are paid to the appellant pursuant to these orders within 28 days, post-judgment interest in the sum of $15,358.26; or
(b) Otherwise, post-judgment interest on the amount of the judgment sum as is from time to time unpaid, calculated in accordance with the Civil Procedure Act 2005, s 101.
3. The appellant to pay the respondents' costs of the parties' further submissions on the calculation of interest.
[Note: The Uniform Civil Procedure Rules 2005 provide (Rule 36.11) that unless the Court otherwise orders, a judgment or order is taken to be entered when it is recorded in the Court's computerised court record system. Setting aside and variation of judgments or orders is dealt with by Rules 36.15, 36.16, 36.17 and 36.18. Parties should in particular note the time limit of fourteen days in Rule 36.16.]
Background
Background to the litigation
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Evidence
Evidence Before The Court
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Decision
Reasons for decision
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Ratio Decidendi
Legal Principle Established
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