Guardian Mortgages v Miller [2004] NSWSC 1236

New South Wales Supreme Court

CITATION : Guardian Mortgages v Miller [2004] NSWSC 1236 HEARING DATE(S) : 16/11/04 - 19/11/04, 23/11/04 JUDGMENT DATE : 16 December 2004

JUDGMENT OF : Wood CJatCL at 1 DECISION : The parties are to provide short minutes of order to his Honour.

CATCHWORDS : Proceedings concerning properties - plaintiff seeking order for possession -order for judicial sale - cross-claim for relief against forfeiture - mortgage - resale of mortgaged property - bridging loan - caveat - unjust or unconscionable transaction - misleading or deceptive conduct - clog on equity of redemption - Contracts Review Act 1980 NSW s7 - Consumer Credit Code (NSW) s 70 - Real Property Act 1900 (NSW) s 57(2)(b) - Trade Practices Act 1974 (Cth), s 51AA, s 51AB, s 51AC, s 52, s 53 - Australian Securities and Investments Commission Act 2001 (Cth) s 12CA, s 12CB, s 12CC - Fair Trading Act 1987 (NSW) s 42 and s 43. Australian Securities and Investments Commission Act 2001 (Cth) s 12CA, s 12CB, s 12CC Consumer Credit Code (NSW) s 70 LEGISLATION CITED : Contracts Review Act 1980 (NSW) s 7 Fair Trading Act 1987 (NSW) s 42 and s 43 Real Property Act 1900 (NSW) s 57(2)(b) Trade Practices Act 1974 (Cth), s 51AA, s 51AB, s 51AC, s 52, s 53 Asia Pacific International Pty Ltd v Dalrymple (2000) 2 Qd R 229 Blomley v Ryan (1956) 99 CLR 362 Cityland & Property (Holdings) v Dabrah [1967] 2 All ER 629 Commercial Bank of Australia v Amadio (1983) 151 CLR 447 Commonwealth of Australia v Verwayen (1990) 170 CLR 394 Morrell v Fisher & Westell Executors & Co (1849) 154 ER 1350 CASES CITED : Murphy v Wright (1992) NSW ConvR 55-652 Re Hodson and Howes' Contract (1887) 35 Ch D 668 Silkdale Pty Ltd v Long Leys Co Pty Ltd (1995) 7 BPR 14, 414 Takemura v National Australia Bank Ltd [2003] NSWSC 339 Troncone v Aliperti (1994) NSW ConvR 55-703 West v AGC (Advances) Ltd (1986) 5 NSWLR 610 Yarrangah Pty Ltd v National Australia Bank Ltd (1999) 9 BPR 17,061 Zoneff v Elcom Credit Union Ltd (1990) 94 ALR 445 PARTIES : Guardian Mortgages Pty Limited David Miller FILE NUMBER(S) : SC 12280/03 COUNSEL : M W Young (Plaintiff) A Blank (Defendant) SOLICITORS : Bransgroves Solicitors (Plaintiff)