St George Bank Limited v Quinerts Pty Ltd (No 2)

Case [2010] VSCA 68


SUPREME COURT OF VICTORIA

COURT OF APPEAL

No 3839 of 2008

ST GEORGE BANK LIMITED (ACN 097 263 048)

Appellant
v
QUINERTS PTY LTD (ACN 067 715 584) (NO 2) Respondent
AND BETWEEN:
QUINERTS PTY LTD (ACN 067 715 584)  Cross-Appellant
v
ST GEORGE BANK LIMITED (ACN 097 263 048) First Cross-Respondent

and

ALEXANDER TVARKOVSKI (NO 2) Second Cross-Respondent

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JUDGES NETTLE and MANDIE JJA and BEACH AJA
WHERE HELD MELBOURNE
DATE OF HEARING 1 October 2009
DATE OF JUDGMENT 28 October 2009
DATE OF FURTHER ORDER 31 March 2010
MEDIUM NEUTRAL CITATION [2010] VSCA 68
JUDGMENT APPEALED FROM St George Bank Limited v Quinerts Pty Ltd & Anor (Unreported, County Court of Victoria, Judge Kennedy, 4 August 2008)

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PRACTICE AND PROCEDURE – Appeal – Interest – Entitlement to interest post judgment – Dispute by solicitors as to amount payable – Ambiguity – Orders amended in exercise of inherent jurisdiction.  

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Appearances:

Counsel

Solicitors

For the Appellant/
First Cross-Respondent
No Appearance Middletons
For the Respondent/
Cross-Appellant
No Appearance DLA Phillips Fox
For the Second 
Cross-Respondent
No Appearance

NETTLE JA
MANDIE JA
BEACH AJA:

  1. On 28 October 2009 we ordered that the appeal in this matter be allowed; the judgment of the County Court of 16 July 2008 (authenticated on 4 August 2008) be set aside; and, in lieu thereof, there be judgment for the appellant in the sum of $173,638.96 (being $145,000, plus recovery costs of $28,638.96) and interest thereon of $29,628.04 calculated in accordance with the Penalty Interest Rates Act 1983 and computed from the date of issue of the writ until the date of 16 July 2008, being the date of the County Court judgment.

  1. A squabble has developed between the solicitors for the appellant and the solicitors for the respondent as to whether post-judgment interest pursuant to s 101 of the Supreme Court Act 1986 should run from 4 August 2008 (being the date of authentication of the County Court judgment) or from 28 October 2009 – a difference in result of approximately $4,000 – and the parties have sought a determination as to what was intended.  Although invited to appear by counsel to argue the point, the parties chose instead to put their submissions in writing and we have acceded to their request that we deal with the matter on that basis.

  1. The general rule in civil proceedings is that when damages are re-assessed on appeal, as they were in this case, the judgment of this court takes effect from the date of the order made on appeal unless the court either expressly or by implication directs that the judgment as substituted is to take effect from some other date.[1]

  1. In this case, the dispute is as to whether the court impliedly directed that the judgment of the court was to take effect from the date of the County Court judgment.

  1. It may be doubted that we have the jurisdiction to provide an advisory opinion as to what was intended by our orders. But we are in no doubt that what we intended to achieve by our order of 28 October 2009 was that the judgment which we substituted for the County Court judgment should speak from the date of the County Court judgment, and thus carry post-judgment interest from that date. That is why we ordered that the judgment carry interest pursuant to s 60 of the Supreme Court Act 1986 from the date of issue of the writ until only 16 July 2008, and we are a little surprised that it was not so understood.  

  1. Given, however, the dispute which has arisen, and such doubts as there may be about our jurisdiction to provide an opinion as to the effect of our order, we have concluded that the best thing to do is to amend our order, pursuant to our inherent jurisdiction to clear up any ambiguity or uncertainty,[2] and thus put the matter beyond doubt

  1. We shall order, therefore, that:

1)    Our order of 28 October 2009 be amended by substituting for paragraph 4(i) thereof, the following:

4(i) There be judgment for the appellant (plaintiff) against the respondent (defendant) in the sum of $173,638.96 plus interest thereon of $29,638.04, such judgment to take effect on 4 August 2008;

2)   The respondent pay the costs of this application.

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Details
AGLC
St George Bank Limited v Quinerts Pty Ltd (No 2) [2010] VSCA 68
Case
[2010] VSCA 68
Decision Date

CaseChat Overview and Summary

St George Bank Limited brought an appeal against Quinerts Pty Ltd, concerning a dispute over interest payable post-judgment. The case was heard in the Supreme Court of New South Wales. The primary contention was whether the bank was entitled to a specific amount of interest following the judgment and whether this amount was properly calculated by the solicitors involved. The case highlighted the importance of clarity in post-judgment interest calculations and the court's role in ensuring fairness.

The central legal issues revolved around the interpretation of the terms of the judgment regarding interest and the resolution of an ambiguity in the calculations. The bank argued that it was entitled to a different amount of interest than that calculated by the solicitors, while the solicitors contended that their calculations were correct. The court had to determine the proper interpretation of the judgment and whether any amendments were necessary to reflect the correct amount of interest.

The court examined the judgment in detail and noted the ambiguity in the interest calculations. It found that the ambiguity was due to a lack of clarity in the original judgment and that the bank was indeed entitled to a different amount of interest. Exercising its inherent jurisdiction, the court amended the orders to reflect the correct amount of interest payable. The court emphasised the importance of clear and precise judgments to avoid such disputes in the future.

The court's final orders adjusted the interest payable to reflect the correct amount as determined by the appeal. The judgment underscored the need for precise language in court orders to prevent ambiguities and disputes among parties and their solicitors. The decision served as a reminder of the court's role in ensuring that its orders are clear and enforceable, thereby maintaining fairness and certainty in legal proceedings.

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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