Maestrale v Aspite (No 2)

Case [2014] NSWCA 302


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 JA
Decision:

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 run
Legislation Cited: Civil Procedure Act 2005
Supreme Court Act 1970
Uniform Civil Procedure Rules 2005
Cases Cited: Coulton v Holcombe [1986] HCA 33; 162 CLR 1
Nu Line Construction Group Pty Ltd v Fowler (No 3) [2014] NSWCA 229
Texts 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

  1. 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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Maestrale v Aspite (No 2) [2014] NSWCA 302
Case
[2014] NSWCA 302
Decision Date

CaseChat Overview and Summary

In *Maestrale v Aspite (No 2)*, the New South Wales Court of Appeal considered an appeal concerning the calculation of pre-judgment and post-judgment interest. The dispute arose from an earlier award of damages, which the Court of Appeal was varying.

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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