Ginelle Finance Pty Limited v Diakakis [2002] NSWSC 1032

Reported Decision : (2004) NSW ConvR 56-064

New South Wales Supreme Court

CITATION : Ginelle Finance Pty Limited v Diakakis [2002] NSWSC 1032 CURRENT JURISDICTION: Common Law Division Professional Negligence List FILE NUMBER(S) : SC 10151/02 HEARING DATE(S) : 4 October, 25 October 2002 JUDGMENT DATE : 5 November 2002

PARTIES : Ginelle Finance Pty Limited (ACN 080 531 228) (Plaintiff) Michael Diakakis (Defendant) JUDGMENT OF : Studdert J

COUNSEL : M.W. Young (Plaintiff) N. A. Confos (Defendant) SOLICITORS : R.L. Kremnizer & Co. (Plaintiff) John S. Zouroudis & Co. (Defendant) CATCHWORDS : Torrens system - indefeasibility of title - signature of mortgagor forged - mortgage registered - no fraud by mortgagee - whether any personal equity - application for summary judgment - whether any real question to be tried. LEGISLATION CITED : Real Property Act Fancourt v Mercantile Credits Limited (1983) 154 CLR 87 Singh v Kaur (1985) 61 ALR 720 General Steel Industries Inc. v Commissioner for Railways (1964) 112 CLR 125 Grgic v ANZ Banking Group Ltd (1994) 33 NSWLR 202 CASES CITED : Garofano v Reliance Finance Corporation Ltd (1992) 5 BPR 11941 Story v Advance Bank (1993) 31 NSWLR 722 Logue v Shoalhaven Shire Council (1979) 1 NSWLR 537 Mercantle Mutual Life Insurance Co. v Gosper (1991) 25 NSWLR 32 Vassos v State Bank of South Australia (1992) V Conv R 54-443 DECISION : See para 38.

IN THE SUPREME COURT OF NEW SOUTH WALES COMMON LAW DIVISION PROFESSIONAL NEGLIGENCE LIST