Metal Manufactures Pty Ltd trading as TLE Electrical v WesTrac Pty Ltd [2024] NSWSC 144

Supreme Court New South Wales

Medium Neutral Citation: Metal Manufactures Pty Ltd trading as TLE Electrical v WesTrac Pty Ltd [2024] NSWSC 144 Hearing dates: 14 February 2024; further submissions 15, 19 and 20 February 2024 Decision date: 23 February 2024 Jurisdiction: Equity - Commercial List Before: Stevenson J Decision: Summons dismissed with costs Catchwords: MORTGAGES AND SECURITIES – Personal Property and Securities Act 2009 (Cth) – enforcement – registered security interest – retention of title clause – interest in goods registered under Personal Property Securities Act 2009 (Cth) Legislation Cited: Factors (Mercantile Agents) Act 1923 (NSW) Goods Act 1958 (Vic) Personal Property Securities Act 2009 (Cth) Sale of Goods Act 1923 (NSW) Cases Cited: Calidon Financial Services Inc – Calidon Equipment Leasing v Magnes [2021] SKCA 106; [2021] 11 WWR 507; [2001] 461 DLR (4th) 278 Duckworth v Water Corporation [2012] WASC 30 Four Point Garage v Carter [1985] 3 All ER 12 Gamer's Motor Centre (Newcastle) Pty Ltd v Natwest Wholesale Australia Pty Ltd (1987) 163 CLR 236; [1987] HCA 30 Gamer's Motor Centre (Newcastle) Pty Ltd v Natwest Wholesale Australia Pty Ltd (1985) 3 NSWLR 475 Re Brashs Pty Ltd (1994) 15 ACSR 477 Re York Street Mezzanine Pty Ltd (in liq) (2007) 162 FCR 358; [2007] FCA 922 Royal Bank v 216200 Alberta Ltd (1986) 51 Sask R 146 (CA); [1987] 1 WWR 545; [1986] 33 DLR (4th) 80 Warehouse Sales Pty Ltd (in liq) v LG Electronics Pty Ltd (2014) 291 FLR 407; [2014] VSC 644 Texts Cited: J Harris and N Mirzai, The Annotated Personal Property Securities Act 2009 (Cth) (2nd ed, Wolters Kluwer CCH, 2014) J Harris and N Mirzai, The Annotated Personal Property Securities Act 2009 (Cth) (4th ed, Wolters Kluwer CCH, 2020) Category: Principal judgment Parties: Metal Manufactures Pty Ltd trading as TLE Electrical (Plaintiff) WesTrac Pty Ltd (Defendant) Representation: Counsel: N Mirzai (Plaintiff) EL Beechey / H Lam (Defendant)