Sam Pambris Super Fund Pty Limited v Emelie Kallidis [2022] NSWDC 678

District Court New South Wales

Medium Neutral Citation: Sam Pambris Super Fund Pty Limited v Emelie Kallidis [2022] NSWDC 678 Hearing dates: 13-14, 16 September 2022, 26-28 October 2022, 5-6 December 2022 Date of orders: 6 December 2022 Decision date: 06 December 2022 Jurisdiction: Civil Before: Neilson DCJ Decision: 1. I give verdict and judgment for the Plaintiff against the Defendant for $178,334.79. I direct entry of judgment. 2. I order the Defendant to pay the Plaintiff's costs on the ordinary basis until the 12 April 2022 and thereafter on the indemnity basis. Catchwords: CIVIL – CONTRACTS – LOAN AGREEMENT – CLAIM FOR REPAYMENT OF LOAN AND INTEREST – Whether contract is illegal – Whether enforcement of contract is unconscionable – Whether the loan was for commercial or private purposes – Credibility of the parties. Legislation Cited: Contracts Review Act 1980 (NSW) Corporations Act 2001 (Cth) National Consumer Credit Protection Act 2009 (Cth) Cases Cited: Australian Securities and Investments Commission v Kobelt [2019] HCA 18 Paciocco v Australia and New Zealand Banking Group Ltd [2016] HCA 28 Ringrow Pty Ltd v BP Australia Pty Ltd [2005] HCA 71; (2005) 224 CLR 656. Texts Cited: Nil. Category: Principal judgment Parties: Plaintiff – Sam Pambris Superfund Pty Ltd Defendant – Emelie Kallidis Representation: Counsel: Plaintiff – Mr Teoh, L. Defendant – Mr Thomas, R.

Solicitors: Plaintiff – Ms Tratselas of Minas & Associates Defendant – Mr Nazarian of Nazarian Law File Number(s): 2021/00033581 Publication restriction: Nil.