Summer Hill Business Estate Pty Ltd v Equititrust Ltd

Case

[2011] NSWCA 192

04 July 2011


Court of Appeal


Supreme Court


New South Wales

Medium Neutral Citation: Summer Hill Business Estate Pty Ltd v Equititrust Ltd [2011] NSWCA 192
Hearing dates:4 July 2011
Decision date: 04 July 2011
Before: Basten JA at 1
Decision:

(1) Direct the Registrar to call upon the guarantee provided to him pursuant to the orders of Allsop P of 8 February 2011 and to the extent necessary vary the stay granted by Allsop P on 8 February 2011 to permit that step to be taken.

(2) Stand over orders 1 and 3 of the notice of motion filed 27 June 2011 until Monday 18 July 2011.

(3) Direct that any evidence to be filed by the respondent to the motion in resisting the motion be filed by 11 July 2011.

(4) Order that the costs of today be costs in the motion.

[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: PROCEDURE - interlocutory orders - stay - stay conditioned on provision of guarantee - application to have Registrar call upon guarantee
Category:Procedural and other rulings
Parties:

Summer Hill Business Estate Pty Ltd - First Appellant
West Apartments Pty Ltd - Second Appellant
Demian Constructions Pty Ltd - Third Appellant
Shimden Pty Ltd - Fourth Appellant
CTP Pty Ltd - Fifth Appellant
Tremdell Pty Ltd - Sixth Appellant
C A R Holdings Pty Ltd - Seventh Appellant
Demian Holdings Pty Ltd - Eighth Appellant
Riverland Estate Pty Ltd - Ninth Appellant
Demian Investments Pty Ltd - Tenth Appellant
Belgrave Holdings Pty Ltd - Eleventh Appellant

Equititrust Limited - Respondent
Representation:

Counsel:

C Byrne (Solicitor) - Appellants

J Hogan-Doran - Respondent
Solicitors:

Blackstone Waterhouse Lawyers - Appellants

Tucker & Cowen Solicitors - Respondent
File Number(s):2010/283982
 Decision under appeal 
Citation:
Summer Hill Business Estate Pty Ltd v Equititrust Limited [2010] NSWSC 776
Date of Decision:
2010-07-30 00:00:00
Before:
Pembroke J
File Number(s):
SC 2010/67275

Judgment

  1. HIS HONOUR: In this matter there is an application by the respondent to the appeal to have the Registrar call upon a guarantee provided to the Registrar in accordance with an order made by the President on 8 February 2011: order 2 in notice of motion. The provision of the guarantee was part of the conditions upon which a stay was granted of orders made by Justice Pembroke on 6 December 2010.

  1. The notice of motion also seeks payment of money held by way of security for costs, again in accordance with the orders of the President of 8 February 2011: order 3 in notice of motion. It also seeks an order that the Registrar, upon receipt of the sum paid to him pursuant to the call on the guarantee, pay that sum to the respondent.

  1. I propose to make three orders and give one direction. Firstly, in relation to order 2 in the notice of motion I indicate that the Registrar intends to call upon the guarantee as I understand it today. That is a matter which is of some urgency because the guarantee is expressed to continue for twenty-eight days from the date on which judgment was delivered in this court.

  1. Ms Byrne, who appears in the absence of counsel for the applicant, seeks to have that and the other orders sought adjourned until next Monday when counsel will be available.

  1. I do not intend to make order 3, but there is an indication that there may be evidence to be filed in response to that. If that is the case, then time will be needed to do that and in the circumstances I do not think it sufficient to adjourn for seven days only.

  1. The other matter is that the order by way of stay made by the President, according to the papers on 8 February 2011, was until further order. That order may, in its present form, prevent payment of the judgment to the respondent. I intend to vary the order so that it does not prevent payment to the court on the demand of the Registrar. Accordingly, I make the following orders:

(1) Direct the Registrar to call upon the guarantee provided to him pursuant to the orders of Allsop P of 8 February 2011 and to the extent necessary vary the stay granted by Allsop P on 8 February 2011 to permit that step to be taken.

(2) Stand over orders 1 and 3 of the notice of motion filed 27 June 2011 until Monday 18 July 2011.

(3) Direct that any evidence to be filed by the respondent to the motion in resisting the motion be filed by 11 July 2011.

(4) Order that the costs of today be costs in the motion.

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Decision last updated: 15 July 2011

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