Endormer Pty Ltd v Australian Guarantee Corp [2000] FCA 1669

FEDERAL COURT OF AUSTRALIA

Endormer Pty Ltd v Australian Guarantee Corporation Ltd

[2000] FCA 1669

Trade Practices Act 1974 (Cth) Contracts Review Act 1980 (NSW) Real Property Act 1900 (NSW) Kent v La Communauté des Soeurs de Charite de la Providence [1903] AC 220 applied Independent Automatic Sales Ltd v Knowles & Foster [1962] 1 WLR 974 cited Horn v York Paper Co Ltd (No. 2) (1991) 23 NSWLR 622 cited Bibra Lake Holdings Pty Ltd (in liq) v Firmadoor Australia Pty Ltd (1992) 7 WAR 1 cited Jeogla Pty Ltd v Australia & New Zealand Banking Group Ltd (1999) NSWSC 563 cited Murphy v Overton Investments Pty Ltd [2000] FCA 801 followed Blacker v National Australia Bank Ltd [2000] FCA 681 followed Westpac Banking Corporation v Paterson (1999) 95 FCR 59 at 63 followed Armor Coatings (Marketing) Pty Ltd v General Credits (Finance) Pty Ltd (1978) 17 SASR 259 distinguished Pigot's Case (1614) 11 Co Rep 26b; 77 ER 1177 distinguished Farrow Mortgage Services Pty Ltd (in liq) v Slade & Nelson (1996) 38 NSWLR 636 cited Ryde Joinery Pty Ltd v Zisti (1997) NSW Conv R 55-812 cited Mitchelson v Mitchelson (1979) 24 ALR 522 cited Morton v Black (1986) 4 BPR 9164 cited

Fisher and Lightwood, Law of Mortgage (Aust Ed) 1995 par 18.10

ENDORMER PTY LIMITED (In Liquidation), KWIKDAY PTY LIMITED, GLENN ROBERT JARRETT, DAVID COLIN PATERSON, JARRETT HOLDINGS PTY LIMITED and ALINBOW PTY LIMITED v AUSTRALIAN GUARANTEE CORPORATION LIMITED and PETER JAMES HEDGE

NG 3244 of 1995

GYLES J

SYDNEY

21 NOVEMBER 2000

IN THE FEDERAL COURT OF AUSTRALIA

NEW SOUTH WALES DISTRICT REGISTRY NG 3244 OF 1995

BETWEEN: ENDORMER PTY LIMITED (In Liquidation)

FIRST APPLICANT

KWIKDAY PTY LIMITED

SECOND APPLICANT

GLENN ROBERT JARRETT

THIRD APPLICANT

DAVID COLIN PATERSON

FOURTH APPLICANT