Westpoint Finance Pty Ltd v Chocolate Factory Apartments Ltd [2002] NSWCA 287

New South Wales Court of Appeal

CITATION : Westpoint Finance Pty Ltd v Chocolate Factory Apartments Ltd [2002] NSWCA 287 revised - 10/10/2002 FILE NUMBER(S) : CA 40429/02 HEARING DATE(S) : 13/08/02 JUDGMENT DATE : 2 September 2002

PARTIES : Westpoint Finance Pty Ltd (Claimant/Appellant) Chocolate Factory Apartments Ltd (Opponent/Respondent) JUDGMENT OF : Handley JA at 1; Young CJ in Eq at 2; Foster AJA at 74

LOWER COURT JURISDICTION : Supreme Court - Equity Division LOWER COURT 2583/02 FILE NUMBER(S) : LOWER COURT Hamilton J JUDICIAL OFFICER :

COUNSEL : D E Grieve QC (Applicant) F Kalyk (S) (Opponent) SOLICITORS : Robinson Beale Horton McMinn (Applicant) Frank G Kalyk (Opponent) CATCHWORDS : MORTGAGES- Mortgagor may obtain an injunction that no money is owing under a mortgage. However, once it appears that there is an arguable case that something is owing, the mortgagee is entitled to pursue its rights under the mortgage. EQUITY- REMEDIES- INJUNCTIONS- Mortgagor's right to seek injunction limited. (D) Adams v Bank of New South Wales [1984] 1 NSWLR 285 Colin D Young Pty Ltd v Commercial & General Acceptance Ltd (NSWCA 24.8.1982) Con-Stan Industries of Australia Pty Ltd v Norwich Winterthur Insurance (Australia) Ltd (1986) 160 CLR 226 Coroneo v Australian Provincial Assurance Association Ltd (1935) 35 SR (NSW) 391 CASES CITED: Harvey v McWatters (1948) 49 SR (NSW) 173 Kennedy v General Credits Ltd (1982) 2 BPR 9456 Project Research Pty Ltd v Permanent Trustee of Australia Ltd (1990) 5 BPR 11,225 Rajah Kishendatt Ram v Rajah Mumtaz Ali Khan (1879) LR 6 Ind App 145 Thomas v Hollier (1984) 156 CLR 152 Weld-Blundell v Synott [1940] 2 KB 107 DECISION : Appeal allowed. Injunction discharged.