Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Spalla v St George Wholesale Finance Pty Ltd [1999] FCA 513
BILLS OF EXCHANGE – cheques – whether delivery of cheque was conditional CORPORATIONS – receivers – whether appointment was authorised by the terms of the debenture – whether the mortgagees were estopped from appointing receivers – whether it was unconscionable that receivers be appointed
EQUITY – estoppel – whether acts of indulgence can result in an estoppel
TRADE PRACTICES – unconscionable conduct – whether appointment of receivers was unconscionable conduct within the meaning of s 51AC(1) of the Trade Practices Act 1974 (Cth) Trade Practices Act 1974 (Cth) s 51AC(1) Chattels Securities Act 1987 (Vic) s 7 Cohen v Cohen (1929) 42 CLR 91 cited Commonwealth v Verwayen (1990) 170 CLR 394 cited Discount & Finance Ltd v Gehrig's NSW Wines Ltd (1940) 40 SR(NSW) 598 cited Engelcke v Stoehsler 544 P2d 582 (Or 1975) applied Foran v Wight (1989) 168 CLR 385 cited Goeldner v Marshall (1913) 15 WALR 50 cited Henderson v Henderson (1843) 67 ER 313 cited John Burrows Ltd v Subsurface Surveys (1968) 68 DLR (2d) 354 applied Jones v Thomas (1922) 65 DLR 491 cited New London Credit Syndicate v Neale [1898] 2 QB 487 cited Osburn v Lucas 502 P2d 1382 (Or 1972) applied Sargent v ASL Developments Ltd (1974) 131 CLR 634 applied Scafidi v Johnson 420 So2d 1113 (La 1982) applied Tasker v Small (1837) 40 ER 848 applied Taylor v Davies [1920] AC 636 cited Tool Metal Manufacturing Co Ltd v Tungston Electric Co Ltd [1955] 1 WLR 761 applied Tozer Kemsley & Millbourne (A'Asia) Pty Ltd v Collier's Interstate Transport Service Ltd (1956) 94 CLR 384 applied Waltons Stores (Interstate) Ltd v Maher (1988) 164 CLR 387 applied
ANTHONY PATRICK SPALLA, IRLMOND PTY LTD (RECEIVERS & MANAGERS APPOINTED) & APS (WHOLESALE) PTY LTD (RECEIVERS & MANAGERS APPOINTED) V ST GEORGE WHOLESALE FINANCE PTY LTD, ST GEORGE MOTOR FINANCE PTY LTD, ANDREW STEWART HOME & ANDREW WILLIAM BECK
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