State Bank of NSW v Fanny's Properties Pty Ltd (now known as Cessnock 6 Day Enduro Pty Ltd) & Anor.Hawkins v State Bank of New South Wales [1999] NSWSC 1001

New South Wales Supreme Court CITATION : State Bank of NSW v Fanny's Properties Pty Ltd (now known as Cessnock 6 Day Enduro Pty Ltd) & Anor.Hawkins v State Bank of New South Wales [1999] NSWSC 1001 CURRENT JURISDICTION : Common Law Division FILE NUMBER(S) : 014198/91; 011261/93 HEARING DATE(S) : 23/8/99, 24/8/99, 25/8/99, 26/8/99, 27/8/99, 30/8/99 JUDGMENT DATE : 6 October 1999

014198/91 - State Bank of NSW (Plaintiff) Fanny's Properties Pty Ltd (now known as Cessnock 6 Day Enduro Pty Ltd) (First Defendant) Fanny's Trading Pty Ltd (Second Defendant) Fanny's Properties Pty Ltd (now known as Cessnock 6 Day Enduro Pty Ltd) (First Cross Claimant) Fanny's Trading Pty Ltd (Second Cross Claimant) PARTIES : Russell John Hawkins (Third Cross Claimant) State Bank of NSW (Cross Defendant) 011261/93 - Russell John Hawkins (Plaintiff) State Bank of NSW (Defendant)

JUDGMENT OF : Bell J at 1

COUNSEL : Mr A S Bell (State Bank of NSW) Mr N Francey (1st and 2nd defendants and 1st, 2nd and 3rd cross claimants) SOLICITORS : Abbott Tout (State Bank of South Wales) Emery Partners (1st and 2nd defendants and 1st, 2nd and 3rd cross claimants) CATCHWORDS : TRADE PRACTICES; Misleading and deceptive conduct (Fair Trading Act 1987 (NSW) s 42) ; Contract for purchase of nightclub land and equipment; Claim by liquidator over hotelier's licence; Knowledge on part of vendor of liquidator's claim; Failure to impart knowledge to purchaser; Whether representation with respect to a future matter; Whether representation by silence; Whether reasonable grounds for making representation; Whether loss suffered as a result of contravention of Act (reliance); ESTOPPEL; Issue estoppel; Application of principles in Port of Melbourne Authority v Anshun Pty Ltd (No 2) Fair Trading Act 1987 (NSW) ACTS CITED : Federal Court of Australia Act 1976 (Cth) Supreme Court Act 1970 (NSW) Liquor Act 1982 (NSW) Port of Melbourne Authority v Anshun Pty Ltd (No 2) (1981) 147 CLR 589 Bryant v Commonwealth Bank of Australia (1995) 57 FCR 287 Lam v Ausintel Investments Australia Pty Ltd (1989) 97 FLR 458 Park v Allied Mortgage Corp Ltd (1993) ATPR (Digest) 46-105 Rhone-Poulenc Agrochimie SA v UIM Chemical Services Pty Ltd (1986) 12 FCR 477 Leda Holdings Pty Ltd v Oraka Pty Ltd (1997) ATPR 41-601 Henjo Investments Pty Ltd v Collins Marrickville Pty Ltd (1988) 79 ALR 83 Finucane v NSW Egg Corp (1988) ATPR 40-863 Demagogue Pty Ltd v Ramensky (1992) 39 FCR 31 CASES CITED : Lee Gleeson Pty Ltd v Sterling Estates Pty Ltd (1991) 23 NSWLR 571 Kimberley NZI Finance Ltd v Torero Pty Ltd (1989) ATPR (Digest) 46-054 W Scott, Fell & Co Ltd v Lloyd (1906) 4 CLR 572 Zoneff v Elcom Credit Union Ltd (1990) 94 ALR 445 Elders Trustee and Executor Co Ltd v EG Reeves Pty Ltd (1987) ATPR (Digest) 46-030 March v E & MH Stramare Pty Ltd (1991) 171 CLR 506 Jones v Dumbrell [1981] VR 199 Bikane Pty Ltd v Netaf Pty Ltd (1988) ATPR (Digest) 46-041 Elna Australia Pty Ltd v International Computers (Aust) Pty Ltd (No 2) (1987) 16 FCR 410 Netaf Pty Ltd v Bikane Pty Ltd (1990) 92 ALR 490 DECISION : See paragraph 183