King v Brown (No.2) [2021] NSWSC 1060

Supreme Court New South Wales

Medium Neutral Citation: King v Brown (No.2) [2021] NSWSC 1060 Hearing dates: 27 April, 25 May, 20 July 2021 Date of orders: 24 August 2021 Decision date: 24 August 2021 Jurisdiction: Common Law Before: Schmidt AJ Decision: 1. The amended cross claim be dismissed and Mr and Mrs Brown pay Mr King's costs of the proceedings on an indemnity basis. 2. Final orders in favour of Mr King must be formulated to reflect the calculation of what he is owed, in accordance with the conclusions I have reached. 3. Mr King should file and serve proposed orders within 7 days. 4 The parties have liberty to approach if they need to be heard on the final calculation, which should be exercised within 7 days of service of the proposed orders. Catchwords: CONTRACTS – Construction – What currency principal and interest payable under a mortgage must be paid in – Whether claimed costs can be ordered CONTRACTS — Mortgage – Whether mortgage valid – Whether mortgage unconscionable — Whether lender unconscionably exploited borrowers CORPORATIONS — Receivers and managers — Liability – Whether the accounting group is a legal entity capable of being sued or responsible for the actions of the receiver MORTGAGES AND SECURITIES – Mortgages – Duties, rights and remedies of mortgagee -- Power of sale – Whether mortgagee's power of sale properly exercised where receiver appointed – Whether mortgagee's duties breached – Damages MORTGAGES AND SECURITIES — Creditor's rights — Default — Action to enforce – Appointment of a Receiver – Disputed ownership of assets - Whether there is a basis to order removal of the receiver - Damages EMPLOYMENT AND INDUSTRIAL LAW — Claim for wages – Whether employment relationship came into existence Legislation Cited: Civil Procedure Act 2005 (NSW) ss 56, 57, 58, 59, 60, 101(2) Conveyancing Act 1919 (NSW) s 111A Evidence Act 1995 (NSW) ss 59,135, 136 Real Property Act 1990 (NSW) s 80A Uniform Civil Procedure Rules 2005 (NSW) r14.9 Cases Cited: Almona Pty Ltd v Parklea Corporation Pty Ltd [2019] NSWSC 1868 Almona Pty Ltd v Parklea Corporation Pty Ltd [2021] NSWCA 171 Andrews v Australia and New Zealand Banking Group Ltd (2012) 247 CLR 205; [2012] HCA 30 Arab Bank Australia Ltd v Sayde Developments Pty Ltd (2016) 93 NSWLR 213; [2016] NSWCA 328 Australian Broadcasting Commission v Australasian Performing Right Association Ltd (1973) 129 CLR 99; [1973] HCA 36 Bank of Western Australia Ltd v Abdul [2012] VSC 22 Barns v Queensland National Bank Ltd (1906) 3 CLR 925 at 942; [1906] HCA 26 Bitar Pty Ltd v Hebbel Constructions Pty Ltd (2019) 136 ACSR 71; [2019] NSWCA 38 Commercial Bank of Australia Limited v Amadio (1983) 151 CLR 447; [1983] HCA 14 Commonwealth Bank of Australia v Hadfield [2004] NSWCA 350 Dobbs v National Bank of Australasia Ltd [1935] HCA 49; (1935) 53 CLR 643 Domino Hire Pty Ltd v Pioneer Park Pty Ltd [2003] NSWSC 496 Ecosse Property Holdings Pty Ltd v Gee Dee Nominees Pty Ltd (2017) 261 CLR 544; [2017] HCA 12 Electricity Generation Corporation v Woodside Energy Ltd (2014) 251 CLR 640; [2014] HCA 7 Forsyth v Blundell (1973) 129 CLR 477; [1973] HCA 20 Guardian Mortgages v Miller [2004] NSWSC 1236 Hawkesbury Valley Developments P/L v Custom Credit Corporation Ltd (1995) NSW ConvR 55-731 King v Brown [2020] NSWSC 1010 Kowalczuk v Accom Finance (2008) 77 NSWLR 205; [2008] NSWCA 343 Miwa Pty Ltd v Siantan Properties Pty Ltd (2010) 15 BPR 28,621; [2010] NSWSC 1203 MLW Investments Pty Ltd v Tacsum Pty Ltd [2006] NSWSC 1256 Mount Bruce Mining Pty Ltd v Wright Prospecting Pty Ltd (2015) 256 CLR 104; [2015] HCA 37 Pacific Carriers Ltd v BNP Paribas (2004) 218 CLR 451; [2004] HCA 35 Paciocco v Australia and New Zealand Banking Group Ltd (2016) 258 CLR 525; [2016] HCA 28; (2016) 90 ALJR 835 Pendlebury v Colonial Mutual Life Assurance Society Ltd (1912) 13 CLR 676; [1912] HCA 9 Ringrow Pty Ltd v BP Australia Pty Ltd; Ultimate Fuel Pty Ltd v BP Australia Pty Ltd; Nader-One Pty Ltd v BP Australia Pty Ltd (2005) 224 CLR 656; [2005] HCA 71 State Bank v Chia (2000) 50 NSWLR 587; [2000] NSWSC 552 Toll (FGCT) Pty Ltd v Alphapharm Pty Ltd (2004) 219 CLR 165; [2004] HCA 52; Westpac Banking Corporation v Kingsland (1991) 26 NSWLR 700 WorkPac Pty Ltd v Rossato [2021] HCA 23 Category: Principal judgment Parties: Mr S King (Plaintiff) Mr G Brown (First Defendant) Mrs B Brown (Second Defendant) Riverpines Vineyard Pty Ltd (Third Defendant) Representation: Counsel: Mr P Newton (Plaintiff)