Pangas v Permanent Trustee Australia Limited [2000] NSWSC 140

New South Wales Supreme Court

CITATION : Pangas v Permanent Trustee Australia Limited [2000] NSWSC 140 CURRENT JURISDICTION: Equity FILE NUMBER(S) : SC 2362/99 HEARING DATE(S) : 6/10/1999 JUDGMENT DATE : 10 March 2000

Peter Jonathan Pangas (First Plaintiff) Wendy Robynne Palmer (Second Plaintiff) PARTIES : Bryan Wardley Jackson (Third Plaintiff) Permanent Trustee Australia Limited (First Defendant) Jason Christopher Pangas (Second Defendant) JUDGMENT OF : Santow J

G M Johnston (Third Plaintiff) COUNSEL : P B Walsh (First Defendant) C Cominos (Second Defendant) Miller Goddard (Third Plaintiff) SOLICITORS : Sunman & Walker (First Defendant) Conway MacCallum (Second Defendant)

CATCHWORDS : PROCEDURE — Mortgagee's costs on an indemnity basis — Construction of relevant provisions — Widest or narrower basis of determining indemnity costs — Need for mortgagee reasonably to particularise basis for charging legal costs — Approach using referee to appraise mortgagee's costs not to be so precise as to add disproportionately to costs — Costs of present proceedings to await result of referee's appraisal. Legal Profession Regulations 1994 (NSW) para 22A LEGISLATION CITED : Supreme Court Act s76 Supreme Court Rules Part 52A r32, r37; Pt 72 r2 AGC (Advances) Limited v West (1986) 5 NSWLR 301 Elders Trustee and Executor Co Limited v Eaglestar Nominees Limited (1986) 4 BPR 9205 Gomba Holdings UK Limited v Minories Finance Limited (No. 2) [1993] Ch 171 CASES CITED : Project Research Pty Ltd v Permanent Trustee of Australia Ltd (Hodgson J, 14 December 1990 in Butterworths Property Services (1990) 5 BPR 11,225) Sandtara Pty Limited v Australian European Finance Corporation Limited (1990) 20 NSWLR 82 Re Shanah an (1941) 58 WN 132 Smits v Buckworth (SCNSW No 3869/96, unreported) DECISION : Mortgagee's costs to be further particularised and then appraised by referee.