Child v Commonwealth Development Bank [2000] NSWCA 256

Reported Decision : (2000) Aust Contract R 90-118

New South Wales Court of Appeal

CITATION : Child v Commonwealth Development Bank [2000] NSWCA 256 FILE NUMBER(S) : CA 40371/99 HEARING DATE(S) : 5 September 2000 JUDGMENT DATE : 29 September 2000

PARTIES : JAMES DAVID CHILD v COMMONWEALTH DEVELOPMENT BANK OF AUSTRALIA LIMITED JUDGMENT OF : Handley JA at 1; Stein JA at 42; Heydon JA at 43

LOWER COURT JURISDICTION : Supreme Court - Common Law Division LOWER COURT CLD 1347/96 FILE NUMBER(S) : LOWER COURT Adams J JUDICIAL OFFICER :

COUNSEL : C J Leggat/J Gillespie (Appellant) M Walton SC (Respondent) SOLICITORS : Webster O'Halloran & Associates (Appellant) Abbott Tout (Respondent) CATCHWORDS : CONTRACTS - loan agreement - borrower mistaken as to property mortgaged - actual agreement not "radically different" to that presumed by borrower - non est factum not established - whether loan agreement harsh or unjust - whether unconscionable bargain - no error in Judge's exercise of discretion in granting relief - Contracts Review Act 1980 (NSW) s7(1) Contracts Review Act 1980 (NSW) LEGISLATION CITED : Real Property Act 1900 (NSW) Supreme Court Act 1970 (NSW) Petelin v Cullen (1975) 132 CLR 355 Gallie v Lee [1971] AC 1004 Nguyen v Taylor (1992) 27 NSWLR 48 House v The King (1936) 55 CLR 499 CASES CITED: S H Lock (Australia) Ltd v Kennedy (1988) 12 NSWLR 482 Esanda Finance Corporation Limited v Tong (1997) 41 NSWLR 482 Goss v Chilcott [1996] AC 788 Commercial Bank of Australia Limited v Amadio (1983) 151 CLR 447 MacKenzie v Royal Bank of Canada [1934] AC 468 DECISION : Appeal dismissed with costs