Jiwira v PIBA [2000] NSWSC 1094

New South Wales Supreme Court

CITATION : Jiwira v PIBA [2000] NSWSC 1094 CURRENT JURISDICTION: Equity FILE NUMBER(S) : SC 2920/95 HEARING DATE(S) : 9, 10, 11, 12, 17, 18, 19, 23, 25, 26 November 1999 JUDGMENT DATE : 29 November 2000

Jiwira Pty Limited (P1) PARTIES : Alan Howard Baker (P2) Primary Industry Bank of Australia Limited (D) JUDGMENT OF : Austin J

COUNSEL : J R Young (P) D J Russell (D) SOLICITORS : James Solicitors (P) Owen Hodge Lawyers (D) CATCHWORDS : LAND - mortgagee in possession - standard of care for security of rural property INSURANCE - indemnity insurance - whether mortgagee in possession may, and if so must, pursue claim to reinstatement on behalf of mortgagor PERSONAL PROPERTY - silos, demountable office block and irrigation pump held not to be fixtures PRACTICE AND PROCEDURE - whether mortgagee who took possession of and sold security committed abuse of process by concurrently taking winding up proceedings against mortgagor and bankruptcy proceedings against guarantor ANZ Banking Group Ltd v Bangadilly Pastoral Co Limited (1978) 139 CLR 195 Australasian Provincial Assurance Co Ltd v Coroneo (1938) 38 SR (NSW) 700 Bourke v Beneficial Finance Corporation Ltd (1991) ANZ ConvR 473 Briginshaw v Briginshaw (1938) 60 CLR 336 British Traders' Insurance Company Limited v Monson (1964) 111 CLR 86 Castellain v Preston (1883) 11 QBD 380 Chubb Cash Ltd v John Crilley & Son [1983] 2 All ER 294 Commercial and General Acceptance Limited v Nixon (1981) 152 CLR 491 Forsyth v Blundell (1973) 129 CLR 477 CASES CITED : Furness v Adrium Industries Pty Ltd [1996] 1 VR 668 J & E Hall Ltd v Barclays [1937] 3 All ER 620 Leopard v Excess Insurance Co Limited [1979] 1 WLR 512 Lucas v The New Zealand Insurance Co Limited [1983] VR 698 Lucas v The New Zealand Insurance Co Limited [1983] VR 698. National Dairies WA Limited v Commissioner of State Revenue (WA) [1999] WASCA 152 Pendlebury v Colonial Mutual Life Assurance Society Limited (1912) 13 CLR 676 Preece v Colonial Mutual General Insurance Co (NZ) Limited (1995) 3 NZLR 730 Western Credits Pty Ltd v Dragan Motors Pty Ltd [1973] WAR 184 Williams v Spautz (1998) 174 CLR 509 DECISION : Plaintiffs' claims fail, except for second plaintiff's personal claim for conversion.