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Morrison v 180 Capital Finance Pty Ltd

Morrison v 180 Capital Finance Pty Ltd

Case [2011] VCC 1464

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AGLC: Morrison v 180 Capital Finance Pty Ltd [2011] VCC 1464
Case: [2011] VCC 1464
Decision Date: 20 December 2011

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Morrison v 180 Capital Finance Pty Ltd [2011] VCC 1464

Cases Citing This Decision

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Statutory Material Cited

Ange v First East Auction Holdings Pty Ltd [2011] VSCA 335
Citation 1 (Para 91)

…ntract does not constitute a penalty. Primarily, this is because it is not the role of the court to relieve a party from a bad bargain.”[25] [25] [2011] VSCA 335 at [91]…
Kowalczuk v Accom Finance Pty Ltd [2008] NSWCA 343
Citation 2

…t provision is not one that states the consequences of a breach of contract, and hence the law of penalties does not apply to it.”[24] [23] (2008) 77 NSWLR 205 [24] (supra) at [162] and Interstar Wholesale Finance Pty Ltd & Anor v Integral Home Loans Pty Ltd (2008) 257 ALR 292…
Interstar Wholesale Finance Pty Ltd v Integral Home Loans Pty Ltd [2008] NSWCA 310
Citation 3 (Para 162)

…ences of a breach of contract, and hence the law of penalties does not apply to it.”[24] [23] (2008) 77 NSWLR 205 [24] (supra) at [162] and Interstar Wholesale Finance Pty Ltd & Anor v Integral Home Loans Pty Ltd (2008) 257 ALR 292…
Integral Home Loans Pty Ltd v Interstar Wholesale Finance Pty Ltd [2007] NSWSC 406
Citation 4

…ply to it.”[24] [23] (2008) 77 NSWLR 205 [24] (supra) at [162] and Interstar Wholesale Finance Pty Ltd & Anor v Integral Home Loans Pty Ltd (2008) 257 ALR 292…
Ringrow Pty Ltd v BP Australia Pty Ltd [2005] HCA 71
Citation 5

…educed to the lower rate, did not constitute a penalty: see also Ringrow Pty Ltd v BP Australia Pty Ltd .[22] [21] (1983) 152 CLR 359 at 366-7 [22] (2005) 224 CLR 656 74 In Kowalczuk v Accom Finance Pty Ltd ,[23] Campbell JA, with whose judgment Hodgson JA and McColl JA agreed, stated that an interest rate is not a p…
Hurley v McDonalds Australia Ltd [1999] FCA 1728
Citation 6 (Para 22)

…v Cameron …. The various synonyms used in relation to the term ‘unconscionable’ import a pejorative moral judgment … .” [31] [30] [1999] FCA 1728 [31] ( supra ) at [22]…
Esanda Finance Corporation Ltd v Plessnig [1989] HCA 7
Citation 7

…al or different financial obligation or burden upon the defaulting party in the nature of a disincentive or punishment for breach.” [27] [26] (1989) 166 CLR 131 [27] ( supra ) at p153…
O'Dea v Allstates Leasing System (WA) Pty Ltd [1983] HCA 3
Citation 8

…unctually the interest would be reduced to the lower rate, did not constitute a penalty: see also Ringrow Pty Ltd v BP Australia Pty Ltd .[22] [21] (1983) 152 CLR 359 at 366-7 [22] (2005) 224 CLR 656 74 In Kowalczuk v Accom Finance Pty Ltd ,[23] Campbell JA, with whose judgment Hodgson JA and McColl JA agreed, stated…

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