Narui Gold Coast Pty Ltd v Charles Harrison Pty Ltd and Ors [2003] NSWSC 35

Reported Decision : (2004) NSW ConvR 56-077

New South Wales Supreme Court

CITATION : Narui Gold Coast Pty Ltd v Charles Harrison Pty Ltd and Ors [2003] NSWSC 35 HEARING DATE(S) : 24/12/2002 06/02/2003 JUDGMENT DATE : 11 February 2003 JURISDICTION: Equity Division JUDGMENT OF : Bergin J DECISION : Operation of caveats extended.

CATCHWORDS : [CAVEATS] - Clauses in Contracts for Sale of Land granting the caveators rights to charges on real property to secure indemnities "which the caveator becomes entitled to under this contract" - Proceedings commenced - Contracts terminated - Lapsing notice issued - Whether operation of caveat should be extended - Whether the defendants' claims "may have substance". LEGISLATION CITED : Real Property Act 1900 (NSW) Composite Buyers Ltd v Soong and Anor (1995) 38 NSWLR 286 McDonald v Dennys Lascelles Ltd (1933) 48 CLR 457 Ryu v Lee (1996) 7 BPR 14,678 Troncone v Aliperti (1994) 6 BPR 13,291 CASES CITED : [Luntz H, Assessment of Damages for Personal Injury and Death, 4th Ed, Butterworths, (2002). Mozley and Whiteley's Law Dictionary. Shorter Oxford Dictionary. Spry ICF, The Principles of Equitable Remedies, 6th Ed, LBC Information Services, (2001). Sutton KCT, Insurance Law in Australia, LBC Information Services, (1999)] Narui Gold Coast Pty Ltd (Plaintiff/Cross-Defendant) PARTIES : Charles Harrison Pty Ltd (First Defendant/First Cross-Claimant) Charles Harrison and Co Pty Ltd (Second Defendant/Second Cross-Claimant) FILE NUMBER(S) : SC 4369/01 Mr MLD Einfeld QC leading Mr CRC Newlinds (Plaintiff/Respondent) on 24/12/2002 COUNSEL : Mr CRC Newlinds (Plaintiff/Respondent) on 6/2/2003 Mr AD Justice (Defendant/Applicant) SOLICITORS : Hickey Lawyers (Plaintiff/Respondent) Dennis and Co Solicitors (Defendant/Applicant)