Dacco Pty Ltd v CV Crows Nest Fund Pty Ltd atf CV Crows Nest Property Fund Unit Trust [2020] NSWSC 1550

Supreme Court New South Wales

Medium Neutral Citation: Dacco Pty Ltd v CV Crows Nest Fund Pty Ltd atf CV Crows Nest Property Fund Unit Trust [2020] NSWSC 1550 Hearing dates: 30 October 2020 Decision date: 30 October 2020 Jurisdiction: Equity Before: Ward CJ in Eq Decision: 1. Enter judgment for the plaintiff against the defendant pursuant to r 13.1 of the Uniform Civil Procedure Rules 2005 (NSW) for principal, damages and interest in the amount of $1,517,729.00. 2. Order the defendant to pay the plaintiff's costs of the proceedings and the costs of the motion. Catchwords: LAND LAW — Conveyancing — Options — Statutory requirements — Summary judgment — Default judgment Legislation Cited: Conveyancing Act 1919 (NSW), ss 52A, 66S, 66U, 66Y, 66ZG Conveyancing (Sale of Land) Regulation 2017 (NSW), cls 1, 4, sch 1, sch 4 Uniform Civil Procedure Rules 2005 (NSW), rr 13.1, 16.2, 16.3, 16.6, 18.7 Cases Cited: Batistatos v Roads and Traffic Authority of New South Wales (2006) 226 CLR 256; [2006] HCA 27 Donaldson v State of New South Wales [2019] NSWCA 109 Electricity Generation Corp v Woodside Energy Ltd (2014) 251 CLR 640; [2014] HCA 7 Galafassi v Kelly (2014) 87 NSWLR 119; [2014] NSWCA 190 General Steel Industries Inc v Commissioner for Railways (NSW) (1964) 112 CLR 125; [1964] HCA 69 Koompahtoo Local Aboriginal Land Council v Sanpine Pty Limited (2007) 233 CLR 115; [2007] HCA 61 Mount Bruce Mining Pty Ltd v Wright Prospecting Pty Ltd (2015) 256 CLR 104; [2015] HCA 37 Ogle v Comboyuro Investments Pty Ltd (1976) 136 CLR 444; [1976] HCA 21 Young v Hones [2013] NSWSC 580 Category: Principal judgment Parties: Dacco Pty Ltd (Plaintiff) CV Crows Nest Fund Pty Ltd atf CV Crows Nest Property Fund Unit Trust (Defendant) Representation: Counsel: Ms P Lane (Plaintiff) No appearance for the Defendant