General Finance Limited v Serepisos

Case

[2017] NZHC 2367

28 September 2017

No judgment structure available for this case.

IN THE HIGH COURT OF NEW ZEALAND WELLINGTON REGISTRY

I TE KŌTI MATUA O AOTEAROA

TE WHANGANUI-Ā-TARA ROHE

CIV-2016-485-835 [2017] NZHC 2367

BETWEEN

GENERAL FINANCE LIMITED

Plaintiff

AND

ALLIKI SEREPISOS Defendant

Hearing: 27 September 2017

Appearances:

S O McAnally for the Plaintiff
J C La Hatte for the Defendant

Judgment:

28 September 2017

JUDGMENT OF ASSOCIATE JUDGE SMITH

[1]      The defendant (Mrs Serepisos) applies for an order for particular discovery against the plaintiff (General Finance).

[2]      General Finance held a mortgage over an apartment formerly owned by Mrs Serepisos  in Tory Street, Wellington  (the property),  securing  advances  made by General Finance.  There were defaults in making payments due under the mortgage and eventually General Finance sold the property at a mortgagee sale.

[3]      There was a shortfall owing after the sale, and General Finance commenced this proceeding for recovery of the advances, interest and costs.  It claimed a total of

$294,667.59, and it applied for summary judgment on its claims.

GENERAL FINANCE LIMITED v SEREPISOS [2017] NZHC 2367 [28 September 2017]

[4]      On  13 April  2017  I  gave  judgment  for  General  Finance  in  the  sum  of

$50,000, and directed that the balance of its claims were to proceed to trial.  I gave directions for the filing of a statement of defence by Mrs Serepisos.

[5]      The background to the dispute is fully set out in my judgment of 13 April

2017,1 and it is not necessary to repeat the full factual background as set out in that judgment.  However, the principal defence raised by Mrs Serepisos in opposition to the summary judgment application was that General Finance had allegedly failed to discharge its duty as mortgagee under s 176 of the Property Law Act 2007 (the PLA) to take reasonable care to obtain the best price for the property reasonably obtainable at the time of the sale. Mrs Serepisos alleged that General Finance had negligently failed to consider the interest in the property of Mr Jason Chin, who was said to be prepared to pay up to $800,000 in cash for the property (General Finance says that it sold the property unconditionally on 3 May 2016, for $580,000).

[6]      In my judgment on the summary judgment application, I was not satisfied on the evidence then produced that the question of whether General Finance had exercised reasonable care to obtain the best price on the sale of the property was beyond reasonable argument for Mrs Serepisos.   I considered that the question of whether proper consideration had been given to Mr Chin’s expression of interest was a matter which should go to trial.

[7]      In my judgment I went on to consider what Mrs Serepisos’ position would have been if the property had been sold to Mr Chin for $800,000.  I concluded that if the property had been sold to Mr Chin in early May 2016 there would still have been a shortfall owing by Mrs Serepisos to General Finance of not less than $50,000, to which she had no defence.   I accordingly entered summary judgment for that sum

and directed that the balance of General Finance’s claims should proceed to trial.

1      General Finance Limited v Serepisos [2017] NZHC 749.

The pleadings relevant to the particular discovery application

[8]      Mrs Serepisos filed a statement of defence and counterclaim dated 19 April

2017.   In it, she accepted that she was liable in accordance with the summary judgment for $50,000, but she denied any further liability.

[9]      Relevant to the present application, she pleaded that General Finance “failed to exercise reasonable care to obtain the best price reasonably obtainable at the time of sale”, occasioning to her a loss of $224,954.83.2    Mrs Serepisos made the same claim by way of counterclaim against General Finance.

[10]     General Finance filed a reply and statement of defence to counterclaim, in which those allegations were denied.   It also asked for further particulars of the allegations in the statement of defence and counterclaim referred to above.

[11]     Mrs Serepisos responded to the request for further particulars on 18 May

2017. The further particulars then provided were:

Question

What  are  the  precise  circumstances  in  which  [Mrs  Serepisos]  claims [General Finance] has “failed in its statutory duty to exercise reasonable care to obtain the best price reasonably obtainable at the time of sale”?

Response

Paragraph 12.  [Mrs Serepisos] claims that [General Finance] has failed in its statutory duty to exercise reasonable care to obtain the best price reasonably obtainable at the time of sale, either itself or by its agent.

The circumstances of this claim are:

That prior to the estimate of the property Mr Ron Schlatter of Wellington Mortgage Brokers telephoned Mr William Cairns of [General Finance] on instruction from [Mrs Serepisos’ son, Mr Terry Serepisos] that there was a cash buyer available for the property that buyer having the money to settle.

Mr Schlatter was advised by Mr Cairns that Mr Cairns did not want to talk to Mr Serepisos, that he was sick of his bull-shit and excuses and that he (Mr Cairns) wanted nothing to do with the matter and informed Mr Schlatter to tell Mr Serepisos to get in touch with the agent Paula Muollo.

This conversation took place before the property was sold and before a contract was put in place for the property being the sale/contract  to the

2      Statement of defence and counterclaim, paragraph 9.

ultimate buyer.   Mr Terry Serepisos records that his conversation with Mr Schlatter took place about two weeks before the sale contract was entered into.

Mr  Serepisos had  spoken  to  the agent  Paula  Muollo  on  more  than  one occasion regarding the buyer Chin, mid April 2016.

Mr Chin had, in anticipation of his offer to be made had been undertaking due diligence from mid April 2016 to end April 2016 and that a meeting was arranged for the 5th May 2016 for the formal offer to be prepared and tenderised.

Mr Serepisos has spoken to the agent Paula Muollo on more than one occasion regarding the buyer Chin mid April 2016.

[Mrs Serepisos] claims that the failure by [General Finance] and/or its agent to  have  regard  to  the  offer  being put  forward  was a  breach  of  its  said statutory duty.

Further [General Finance] and/or its agent in preferring a known associate of the agent, being aware of the existence of the Chin offer breached its said statutory duty in effect by sabotaging the intended offer.

General Finance’s discovery list

[12]     The parties agreed that discovery should be standard discovery, in accordance with r 8.7 of the High Court Rules.  General Finance filed its affidavit of documents on that basis, on 12 June 2017.

[13]     Standard discovery requires that each party must disclose the documents that are or have been in its control and that are:3

(a)      documents on which the party relies; or

(b)      documents that adversely affect that party’s own case; or

(c)      documents that adversely affect another party’s case; or

(d)      documents that support another party’s case.

3      High Court Rules 2016, r 8.7

The  application  for  particular  discovery  and  General  Finance’s  notice  of

opposition

[14]     Mrs  Serepisos  has  applied  for  particular  discovery  of  the  following documents:

… documents including communications between [General Finance], the real estate agent, the real estate agent’s employer and other parties relating to the process of the mortgagee sale of [the property], including all emails, correspondence, file notes and notes of any verbal discussions, and including any enquiries made through Trade Me advertising of the mortgagee sale, and responses to such enquiries, and in general all communications between [General Finance] and Ronald Schlatter relating to the sale [and] existence of a prospective purchaser.

[15]    The discovery application was supported by an affidavit sworn by Mrs Serepisos’ son, Mr Elfetherios (Terry) Serepisos.   Mr Serepisos explained that his mother  does  not  understand  English,  and  that  she  has  been  relying  on  him  to represent her in her business and property interests.

[16]     Mr Serepisos referred to enquiries made “from a number of people”, which had  led  him  to  believe  that  there  should  be  communications  between  General Finance and other potential purchasers in relation to the sale of the property, in particular  purchasers  who  were  prepared  to  pay  substantially  more  than  the successful purchaser.   Mr Serepisos said that his enquiries led him to believe that there are communications between General Finance, the real estate agent who acted on the sale, the real estate agent’s employer and other parties.  He also expressed the belief that there were communications between General Finance and Mr Schlatter, the mortgage broker, which related to the sale and existence of a prospective purchaser.  He deposed that his enquiries also showed that there were a number of enquiries made through the advertising of the mortgagee sale, which were not addressed by the agent.   Those queries were said to have been made through the Trade Me website.

[17]     Mr Serepisos said that he seeks discovery of the emails, correspondence and any file notes made of telephone discussions, and in particular the emails from Trade Me to Harcourts (the agent involved in the sale) about the advertisements.  He said:

In  general,  I need  to  see  all  correspondence/emails/notes  from potential purchasers about the sale of [the property].   This should include all correspondence between Harcourts and [General Finance] about the sale of the property, including with [the solicitor then acting for General Finance, Mr Justin Toebes], and with Trade Me.

[18]     In its notice of opposition, General Finance says that the particular discovery application is no more than a fishing expedition.  It says that (following the judgment on  the  summary  judgment  application)  there  is  no  longer  a  general  issue  over whether it complied with its duty to take reasonable care to obtain the best price reasonably obtainable at the time of the sale of the property; the only remaining issue is the specific issue of whether it breached its duty to take such reasonable care by not pursuing an alleged communication of interest from Mr Chin, made known to it prior to the sale of the property on 3 May 2016.  General Finance also pleads that the application does not disclose any particular documents that General Finance should have discovered.

Applications for particular discovery – legal principles

[19]     Applications for particular discovery are governed by r 8.19 of the High

Court Rules. That rule materially provides:

8.19      Order for particular discovery against party after proceeding commenced

If at any stage of the proceeding it appears to a Judge, from evidence or from the nature or circumstances of the case or from any document filed in the proceeding, that there are grounds for believing that a party has not discovered 1 or more documents or a group of documents that should have been discovered, the Judge may order that party—

(a)       to file an affidavit stating—

(i)       whether  the  documents  are  or  have  been  in  the  party’s

control; and

(ii)       if they have been but are no longer in the party’s control, the party’s best knowledge and belief as to when the documents ceased to be in the party’s control and who now has control of them; and

[20]     The starting point is that a party’s discovery affidavit is presumed to be conclusive.  It is for the party seeking further discovery to establish that the existing affidavit is incomplete.4

[21]     The application of r 8.19 was considered by Asher J in Assa Abloy New Zealand Limited v Allegion (New Zealand) Ltd, in which the Judge described a four- stage approach in considering an application under the rule.5  The four stages are:

(a)       are the documents sought relevant, and if so how important will they be?

(b)are there grounds for belief that the documents sought exist?   This will often be a matter of inference.  How strong is that evidence?

(c)       is  discovery proportionate,  assessing  proportionality in  accordance with part 1 of the Discovery Checklist in the High Court Rules?

(d)      weighing  and  balancing  these  matters,  in  the  Court’s  discretion

applying r 8.19, is an order appropriate?

The parties’ submissions

Mrs Serepisos

[22]     Mr La Hatte submits that the documents which are sought refer directly to the issues in relation to the role of Harcourts, Mr Jason Chin, and others in the sale. Central to the whole counterclaim/setoff is the question of whether General Finance obtained the best price, or whether there was another purchaser who would have paid more. The communications described by Mr Serepisos in his affidavit are relevant to that issue.

[23]     On the question of whether the documents actually exist, Mr La Hatte again

referred to Mr Serepisos’ belief that there must have been some communication by

way of  emails  or  notes  in  relation  to  enquiries  by other  purchaser  through  the

4      McCullagh v Robt Jones Holdings Limited (2015) 22 PRNZ 615 (HC) at 617.

5      Assa Abloy New Zealand Limited v Allegion (New Zealand) Ltd [2015] NZHC 2760.

medium of Trade Me, and also some other direct communications.  The “grounds for belief”  which  an  applicant  under  r  8.19  is  required  to  make  out  is  not  a  high threshold – all that is necessary is to show that there is some credible evidence which, assessed objectively, indicates the documents that are sought exist.6

[24]     Mr La Hatte also referred to paragraph 95 of my judgment given on 13 April

2017, in which I identified the question as being whether General Finance, through its agent, exercised reasonable care to obtain the best price reasonably obtainable. He  referred  to  certain  evidence  given  on  the  summary  judgment  application, including the evidence given by Mr Serepisos and some other witnesses that the estate agent involved had told them that she did not have a key to the property (and therefore could not show Mr Chin through the property).  Mr La Hatte submits that General Finance’s own evidence produced at the summary judgment hearing contradicted that statement by the agent.

[25]     Mr La Hatte submits that the Court can infer that some documents must exist, and that such documents must be in General Finance’s control (it being the company who instructed the agent).

[26]     On the proportionality test proposed by Asher J in Assa Abloy New Zealand Limited v Allegion (New Zealand) Ltd, Mr La Hatte submits that there is no issue in this case.  It is not likely that there would be a large number of documents, and they would be relatively easy to locate and disclose.   They are likely to comprise file notes and emails, and possibly letters, and they will be on the files of General Finance and Harcourts, and of Harcourts’ agents.

[27]     On  the  last  limb  of  the  four-stage  test,  the  necessary  “weighing  and balancing” exercise, Mr La Hatte submits that the documents are essential to Mrs Serepisos’ case, and they should be disclosed.

[28]     At the hearing, Mr La Hatte identified a further basis for the discovery now sought by Mrs Serepisos.  The additional ground was that General Finance is said

not to have applied sufficient energy to achieving an earlier sale of the property

6      Citing Assa Abloy New Zealand Limited v Allegion (New Zealand) Ltd, above n 5, at [12].

and/or a sale at a higher figure than the figure eventually realised.  He submitted that there must be some correspondence held by General Finance or the real estate agent on that topic (e.g. Harcourts or Trade Me correspondence discussing a marketing programme, and whether more or less should be done to achieve a sale).

General Finance

[29]     Mr  McAnally  submits  that  General  Finance  is  only  obliged  to  provide discovery which is relevant on the issues raised by the pleadings.  General Finance has done that, and Mrs Serepisos is not permitted to use the discovery process to explore the existence of unpleaded affirmative defences or counterclaims that may or may not exist.7

[30]     Mr McAnally referred to my judgment given on 13 April 2017, including my findings  that  it  appeared  on  the  evidence  that  General  Finance  was  actively marketing the property until it was eventually sold, and that, allowing for the difficulties arising from certain negative aspects of the property, there was no evidential basis for the argument Mrs Serepisos was then running that General Finance had improperly delayed a sale of the property.8

[31]     Mr McAnally made it clear in his oral submissions that General Finance accepts that it is required to provide discovery of documents relating to Mr Chin’s apparent involvement as a prospective purchaser of the property.  The question of whether such documents exist has been explored by General Finance, including by way of enquiries of the real estate agent.  No such documents have been located.

[32]     No potential other purchaser has been identified by Mrs Serepisos, either in her pleadings or in the affidavits filed to date.

[33]     Mr McAnally submits that Mrs Serepisos has not identified any failure to provide standard discovery in relation to the pleaded issues.   The only relevant

breach of duty pleaded relates to alleged obligations owed in respect of Mr Chin’s

7      Citing the judgment of Chilwell J in AMP Society v Architectural Windows Ltd [1986] 2 NZLR

190 (HC) at 196.

8      General Finance Ltd v Serepisos, above n 1, at [103]–[106].

interest in the property.  Mr Serepisos’ vague references in his affidavit to enquiries made by him is insufficient to justify the particular discovery sought.  Further, there is no sufficient evidence to satisfy the Court that documents of the kind referred to by Mr Serepisos exist. An application in general terms will not suffice.9

[34]     Mr McAnally also referred to the judgment of Associate Judge Christiansen in Body Corporate 366611 v Downer New Zealand Ltd, in which the Associate Judge referred to a lack of detail regarding the documents expected to be provided, in circumstances where it  was not  clearly indicated what  relevance the documents might have to the issues in the proceeding.10

[35]     In  response  to  Mr  La  Hatte’s  submission  made  at  the  hearing  that  the discovery sought can be justified on the basis of an alternative argument that General Finance failed to apply sufficient effort to the marketing and sale of the property, Mr McAnally submits that the issue was effectively disposed of in my judgment on the summary judgment application.  (In my judgment, I held that it was not reasonably arguable for Mrs Serepisos that the 21 month delay between General Finance taking possession of the property and the eventual sale was excessive, and amounted to a

breach of duty owed by General Finance to Mrs Serepisos.)11   Mr McAnally submits

that the allegation of “lack of effort” applied to achieving a sale is simply an attempt to  re-run  the  argument  rejected  by  the  Court  in  its  judgment  on  the  summary judgment application.

Discussion and conclusions

[36]     The first step is to consider the relevance of the documents Mrs Serepisos is seeking.12

[37]     I  accept  Mr  McAnally’s  submission  that  the  starting  point  in  assessing

relevance for the purposes of discovery is the pleadings.   In this case, the only relevant pleadings are those referred to at paragraph 9 of Mrs Serepisos’ statement of

9      Referring to AMP Society v Architectural Windows Ltd, above n 7, at 197.

10     Body Corporate 366611 v Downer New Zealand Ltd [2013] NZHC 3110 at [20].

11     General Finance Limited v Serepisos, above n 1, at [104]-[106].

12     The first stage in the four-stage approach adopted in Assa Abloy New Zealand Ltd v Allegion

(New Zealand) Ltd, above n 5.

defence and at paragraph 12 of her counterclaim, supplemented by the further particulars supplied by her on 18 May 2017.

[38]     The statement of defence and counterclaim refer only to an alleged breach by General Finance of its duty under s 176 of the PLA to exercise reasonable care to obtain the best price reasonably obtainable at the time of the sale, and the further particulars supplied by Mrs Serepisos do not identify any prospective purchaser for the property other than Mr Chin.

[39]     General Finance was entitled to proper notice of the respect or respects in which it is alleged to have breached a duty to Mrs Serepisos, and on the present pleadings the only alleged breach of duty relates to the response of General Finance and its agents to the expression of interest in the property by Mr Chin.   General Finance says that it has conducted an appropriate search for any documents relevant to that issue, and that none have been located.   There is nothing in the evidence produced by Mrs Serepisos to suggest that there are or may be documents in that category (i.e. documents relating specifically to Mr Chin) that General Finance has not disclosed.

[40]     There is no basis in the present pleadings which would justify a discovery order permitting Mrs Serepisos to trawl through all documents created by General Finance or its agents in the marketing and eventual sale of the property, against the possibility that the exercise might turn up something helpful to Mrs Serepisos in her contention that General Finance could have and should have obtained a better price for the property.   I accept Mr McAnally’s submission that the particular discovery request is a “fishing expedition”, in the sense described by Chilwell J  in AMP Society  v  Architectural  Windows  Ltd,  where  the  learned  Judge  summarised  the

authorities on the point as follows:13

… an applicant is fishing when he seeks to obtain information or documents by interlocutories or discovery in order to discover a cause of action different from that pleaded or in order to discover circumstances which may or may not support a baseless or speculative cause of action.

13     AMP Society v Architectural Windows Ltd, above n 7, at 196.

[41]   In this case, the Court is concerned with an affirmative defence and counterclaim, but the same principle applies – the discovery sought is, in effect, a speculative attempt to find out whether further circumstances exist (i.e. additional to the circumstances pleaded with respect to Mr Chin) which could support additional allegations, which are not presently pleaded.

[42]     Mr La Hatte accepted at the hearing that Mrs Serepisos could not be entitled to discovery of every piece of paper generated by General Finance or its agents with respect  to  the  marketing  and  sale  of  the  property  (e.g.  handwritten  lists  of prospective purchasers attending any “open homes” which may have been held). But once that is accepted it  is not at all clear what documents would, on Mrs Serepisos’ approach, be considered relevant and discoverable.   Mr La Hatte could not identify any practical “dividing line” separating the documents which Mrs Serepisos says would not have to be disclosed, from those that would have to be disclosed.

[43]     I note also that, if wide-ranging further discovery of this sort were permitted, every mortgagor attempting to resist a mortgagee’s claim for the shortfall following a mortgagee sale would effectively be given a licence to trawl through the mortgagee’s documents relating to the marketing and sale of the mortgaged property, in the hope that some defence might emerge from the exercise.  That could not be right; it is for the mortgagor in such a case to properly allege and particularise any alleged breach of duty by the mortgagee, and the discovery is then limited to documents relevant to that alleged breach.

[44]     I conclude, then, that Mrs Serepisos has not shown that there are grounds for believing that General Finance has not discovered any document or category of documents which it was required to discover under the standard discovery relevance criteria set out in r 8.7.  General Finance was entitled to apply r 8.7 to the parties’ cases as disclosed by the pleadings, and the further discovery now sought goes far beyond the current pleadings.

[45]     The application accordingly fails at the first and second stages of the four- stage approach adopted in Assa Abloy New Zealand Ltd v Allegion (New Zealand) Ltd. While Asher J considered that an assessment of the strength of the parties’ cases on each of the first three stages (relevance, existence, and proportionality) should be undertaken, and that a “balancing of factors” exercise should then be undertaken, it is clear in this case that the lack of relevance of the documents sought trumps the other considerations.

[46]     There is no merit in the alternative argument, made by Mr La Hatte at the hearing, that the further discovery sought is justified by an allegation (which is not presently pleaded but which is said to have been alleged in general terms in the affidavits   filed  for  Mrs   Serepisos   in   opposition   to  the  summary  judgment application) that General Finance failed to apply sufficient effort or energy towards achieving a sale of the property, and so breached the duty it owed to Mrs Serepisos under s 176 of the PLA.

[47]     First, no such defence or counterclaim is presently pleaded, and General Finance was entitled to limit its discovery to documents which were relevant on the pleadings.  Secondly, I accept Mr McAnally’s submission that this issue is really no more than a rephrasing of the argument, rejected on the summary judgment application, that General Finance breached its duty to Mrs Serepisos by delaying too long in achieving a sale of the property.

[48]     For the foregoing reasons, the application for particular discovery is refused. General Finance is entitled to its costs, and disbursements as fixed by the Registrar. Those costs will be at least on a 2B basis, but it may be that General Finance is entitled to assert a claim for indemnity costs under cl 7(f) of the relevant term loan agreement – I did not hear argument on that.14

I invite counsel to confer over the appropriate costs order.   If they are unable to agree,  General  Finance  may  file  and  serve  a  memorandum  on  costs  within  10

working  days  of  the  date  of  this  judgment.    Any  reply  memorandum  from

14     I referred to this issue in my costs judgment given on 21 June 2017 (General Finance Limited v

Serepisos [2017] NZHC 1367), at [4].

Mrs Serepisos is to be filed and served within 10 working days of service of General

Finance’s memorandum.

Associate Judge Smith

Solicitors:

Keegan Alexander, Auckland for the Plaintiff

Peter C Gilbert, Wellington for the Defendant

Actions
Download as PDF Download as Word Document


Cases Citing This Decision

1

Cases Cited

5

Statutory Material Cited

0