NSW Caselaw
New South Wales District Court
CITATION: Boumelhem v Commonwealth Bank of Australia [2008] NSWDC 75 This decision has been amended. Please see the end of the judgment for a list of the amendments.
HEARING DATE(S): 13 and 14 May 2008
JUDGMENT DATE: 14 May 2008
JURISDICTION: Civil
JUDGMENT OF: Gibson DCJ
1. Judgment for the defendant. DECISION: 2. Plaintiffs pay defendant's costs. 3. Liberty to restore re interest and costs. 4. Exhibits retained for 28 days.
CATCHWORDS: MORTGAGE - sale by mortgagee at auction - duties of mortgagee - duty of good faith - whether common law or equitable relief - whether failure to follow up or accept offer higher than auction price amounted to breach of duty
ANZ Banking Group Ltd v Bangadilly Pastoral Co Pty Ltd (1978) 139 CLR 195 Attorney General (NSW) v World Best Holdings Ltd (2005) 63 NSWLR 557 Australian Apple & Pear Marketing Board v Tonking (1942) 66 CLR 77 Cachalot Nominees Pty Ltd v Prime Nominees Pty Ltd [1984] WAR 380 Cameron v Qantas Airways Ltd (1994) 55 FCR 147 Carver & Anor v Westpac Banking Corporation [2002] NSWCA 415 Colin D Young Pty Ltd v Commercial & General Acceptance Ltd (1982) NSW Conv R 55-097 Commercial and General Acceptance v Nixon (1981) 152 CLR 491 Commonwealth Bank of Australia v Hadfield [2001] NSWCA 440 Cordelia Holdings Pty Ltd v Newkey Investments Pty Ltd [2004] FCAFC 48 Coronoe v Australian Provincial Assurance Association Ltd (1935) 35 SR (NSW) CASES CITED: Essington Investments Pty Ltd & Ors v Regency Property Pty Ltd [2004] NSWCA 375 Forsyth v Blundell (1973) 129 CLR 477 Hawkesbury Valley Developments Pty Ltd v Custom Credit Corporation Ltd (1994) 8 BPR 15,581, 15,583 Hawkesbury Valley Developments Pty Ltd & Anor v Custom Credit Corporation Ltd & Ors (Supreme Court of NSW, 9 December 1994, unreported) Hurley v McDonald's Australia Ltd (2000) ATPR 41-741 Jovanovic v Commonwealth Bank of Australia (2004) 87 SASR 570 Pendlebury v Colonial Mutual Life Assurance Society (1912) 13 CLR 676 Qantas Airways Ltd v Cameron (1996) 66 FCR 246 State Bank of NSW v Chia [2000] NSWSC 552 Stockl v Rigura Pty Ltd [2004] NSWCA 73 Stone v Farrow Mortgage Services [2000] ANZ ConvR 463 Ultimate Property Group Pty Ltd v Lord (2004) 60 NSWLR 464 Upton v Tasmanian Perpetual Trustees Ltd (2007) 158 FCR 118
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