NSW Caselaw
(20010 NSW ConvR 55-987 Reported Decision : [2001] NSWSC 269 [2001] ACL Rep 185 NSW 7 [2001] ACL Rep 355 NSW 2
New South Wales Supreme Court
CITATION : Pentagold Investments v Romanos [2001] NSWSC 269 CURRENT JURISDICTION: Equity Division FILE NUMBER(S) : SC 1333 of 2001 HEARING DATE(S) : 27 March 2001 JUDGMENT DATE : 12 April 2001
Pentagold Investments Pty Ltd (First Plaintiff) PARTIES : Maroon Bros Investments Pty Ltd (Second Plaintiff) Joseph John Romanos (First Defendant) Teresa Romanos (Second Defendant) JUDGMENT OF : Windeyer J at 1
COUNSEL : Mr R J Powell with him Mr A Hourigan (Plaintiffs) Mr B Coles QC (Defendants) SOLICITORS : Patrick A Bolster & Son (Plaintiffs) Gordon Robilliard & Plowman (Defendants) CATCHWORDS : CONVEYANCING - vendor and purchaser - breach of contract - purchaser required to pay balance of deposit on grant of development - approval - time essential - termination for non-payment - whether termination valid - EQUITY - relief against forfeiture after termination for failure to pay deposit - no evidence of reason for default - relief not given LEGISLATION CITED : Conveyancing Act 1919 s55(2A) Ciavarella v Balmer (1984) 153 CLR 438 Legione v Hateley (1983) 152 CLR 406 CASES CITED : PC Developments Pty Ltd v Ravel (1991) 22 NSWLR 615 Shiloh Spinners Limited v Harding [1973] AC 691 Stern v McArthur (1988) 165 CLR 489 DECISION : See paragraph 13
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