NSW Caselaw
New South Wales Supreme Court
CITATION : Carver v Westpac [2002] NSWSC 431 CURRENT JURISDICTION: Equity FILE NUMBER(S) : SC 4151/00 HEARING DATE(S) : 23, 24, 26, 27 July, 31 August, 5 September, written submissions 16 October 2001 JUDGMENT DATE : 31 May 2002
Dean Starr Joseph Carver (P1) PARTIES : Marie Phillippe Cyril Grely Carver (P2) Westpac Banking Corporation (D) JUDGMENT OF : Austin J
COUNSEL : Mr C Stevens QC with Mr S Davis (P) Mr A Lo Surdo (D) SOLICITORS : Star Carver & Sons (P) Corrs Chambers Westgarth (D) CATCHWORDS : REAL PROPERTY - mortgages - mortgagee's exercise of power of sale - whether exercised in breach of duty - adequacy of advertising - adequacy of valuation - whether sale should have been by public auction - whether sold at gross under-value - whether defendant failed to have regard to subdivision approval and in principle building approval LEGISLATION CITED : Real Property Act 1900 (NSW) s 57(2)(b) Adamse v Broadway Credit Union Ltd (1999) NSW Conv Rep 55-876 Australia and New Zealand Banking Group Ltd v Bangadilly Pastoral Co Pty Ltd (1978) 139 CLR 195 Brutan Investments Pty Ltd v Underwriting and Insurance Ltd (1980) 58 FLR 289 CAGA v Nixon; Goldcel Nominees Pty Ltd v Network Finance Ltd [1983] 2 VR 257 Commercial and General Acceptance Ltd v Nixon (1981) 152 CLR 491 Cuckmere Brick Co Ltd v Mutual Finance Ltd [1971] Ch 949 Forsyth v Blundell (1973) 129 CLR 477 CASES CITED : Haddington Quarry Co v Hudson [1911] AC 727 Hawkesbury Developments Pty Ltd v Custom Credit Corporation Ltd (1995) NSW Conv R 55-731 McKean v Moloney [1988] 1 Qd R 628 National Westminster Finance New Zealand Ltd v United Finance & Securities Ltd (1987) ANZ Conv Rep 486 Nixon v Commercial and General Acceptance Ltd [1980] Qd R 153 Pendlebury v Colonial Mutual Life Assurance Society Ltd (1912) 13 CLR 676 Singer and Friedlander Ltd v John D. Wood & Company (1977) 243 EG 212 Standard Chartered Bank Ltd v Walker [1982] 3 All ER 938 Warner v Jacob (1882) 20 Ch D 220 DECISION : Proceedings dismissed
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