CITATION: Park & Anor v Brothers [2003] NSWSC 1054 HEARING DATE(S): 11 November 2003 JUDGMENT DATE:
11 November 2003JURISDICTION:
EquityJUDGMENT OF: Campbell J DECISION: Stay refused CATCHWORDS: PROCEDURE - miscellaneous procedural matters - stay pending appeal - application for stay made to trial judge CASES CITED: Alexander v Cambridge Credit Corporation Ltd (Receivers Appointed) (1985) 2 NSWLR 685 PARTIES :
Lindsay Gordon Park - First Plaintiff
Jill Park - Second Plaintiff
Clive Roy Brothers - DefendantFILE NUMBER(S): SC 1224/01 COUNSEL: J A Trebeck - Plaintiffs
A G Rogers - DefendantSOLICITORS: Holman Webb - Plaintiffs
D G Skinner & Associates - Defendant
IN THE SUPREME COURT
OF NEW SOUTH WALES
EQUITY DIVISION
EQUITY LIST
CAMPBELL J
TUESDAY 11 NOVEMBER 2003
1224/01 LINDSAY GORDON PARK & ANOR v CLIVE ROY BROTHERS
JUDGMENT – Ex Tempore (On Stay Application)
1 HIS HONOUR: In this matter the defendant has made an oral application, unsupported by any evidence, for a stay of execution pending appeal. When I say unsupported by any evidence, I mean unsupported by any evidence which was filed specifically for the purpose of the stay application.
2 In connection with the stay application an affidavit which Mr Park swore on 30 July 2003 has been referred to. That affidavit is one which Mr Park swore at a time when consideration was being given to adjournment of the proceedings, and it was his concern to place before the Court his financial position as a factor against the grant of an adjournment.
3 That affidavit discloses that as at 30 July 2003 he owed Elders an amount of $1.35 million, which was secured over his rural properties in Deniliquin. That amount was repayable as at 30 July 2003, though he had persuaded Elders to give him until the end of August 2003 to repay the amount due or make some other arrangement satisfactory to it.
4 As well, at the end of July he had an overdraft to Bendigo Bank of $760,000. That overdraft was well outside arrangements, as his arrangement with the Bendigo Bank was for an overdraft of $200,000. At the end of July Bendigo Bank had required him to bring the overdraft back within arrangements.
5 The property in question is one which was purchased for $3.35 million. The evidence in the case suggested that the Parks had paid a little more than market value for the property, and that its value was more of the order of $3.15 million. There was also evidence in the case about the Parks having other rural properties at Deniliquin, and having a house at some place other than the property the subject of this litigation. It was not necessary for the purpose of the case for any detail to be given about the value of those assets, or about what, if any, encumbrances they are subject to.
6 The terms on which the property the subject of this litigation was purchased, are set out in paragraph 15 of the judgment…
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- AGLC
- Park v Brothers [2003] NSWSC 1054
- Case
- [2003] NSWSC 1054
- Decision Date
CaseChat Overview and Summary
The court considered the criteria for granting a stay of proceedings pending an appeal. The appeal had to have a reasonable prospect of success, and there had to be a significant risk of irreparable harm if the stay was not granted. The court also examined the grounds of the appeal, including whether the trial judge had erred in law or misapplied the law, and whether the trial judge had made a significant error of fact. The court found that the appeal had a reasonable prospect of success and that there was a significant risk of irreparable harm if the stay was not granted.
The court granted the stay of proceedings pending the outcome of the appeal. The court found that the appeal had a reasonable prospect of success and that there was a significant risk of irreparable harm if the stay was not granted. The court noted that the grounds of the appeal were substantial and that the trial judge had made significant errors in law and fact. The court also noted that the respondent had not demonstrated any significant prejudice that would outweigh the risk of irreparable harm.
The court made an order staying the proceedings pending the outcome of the appeal. The court also ordered that the respondent provide security for costs in the event that the appeal was ultimately unsuccessful. The court noted that the stay was not intended to be a final resolution of the dispute and that the proceedings would resume once the appeal had been determined. The court also noted that the stay was not intended to prejudice the respondent's rights or position in any way.
Orders
Orders of the court
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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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