MULTISPAN v PORTLAND (NO 2) [2001] NSWSC 1047

New South Wales Supreme Court

CITATION : MULTISPAN v PORTLAND (NO 2) [2001] NSWSC 1047 CURRENT JURISDICTION: Equity FILE NUMBER(S) : SC 2869/00 HEARING DATE(S) : 30/10/01 JUDGMENT DATE : 16 November 2001

Multispan Constructions No 1 Pty Limited - First Plaintiff Stipo Lovrinovic - Second Plaintiff Vlatko Rasic - Third Plaintiff Mark Komadina - Fourth Plaintiff Stipo Kasalo - Fifth Plaintiff PARTIES : 14 Portland Street Pty Limited - First Defendant CVC Communication & Technology Pty Limited - Second Defendant Broadway Developments Pty Limited - Third Defendant Ronald Charles Dunkley - Fourth Defendant St Helens Broadway Pty Limited - Fifth Defendant Sam Zdrilic - Sixth Defendant Gavin Solomon - Seventh Defendant JUDGMENT OF : Barrett J

Mr M. Komadina (director) - First Plaintiff COUNSEL : Mr A.M. Colefax - First to Third Defendants Mr G.L. Turner - Sixth Defendant SOLICITORS : Coudert Brothers - First to Third Defendants Alan Brown & Company - Sixth Defendant CATCHWORDS : PROCEDURE - interest after judgment - whether debt merged in judgment - whether interests of justice require that interest continue at higher contracted rate - order for such interest as necessary to ensure contracted interest continues LEGISLATION CITED : Supreme Court Act 1970 Gould v Vaggelas (1985) 157 CLR 215 Mercantile Credits Limited v McDowell [1982] NSWLR 101 State Bank of New South Wales Ltd v Chia (2000) 50 NSWLR 587 CASES CITED : Asia Pacific International Pty Ltd v Dalrymple [2000] 2 Qd R 229 Ex parte Fewings (1883) 25 ChD 338 Economic Life Assurance v Usbourne [1902] AC 147 London Borough of Ealing v El Isaac [1980] 1 WLR 932 DECISION : Refer paragraph 10