NSW Caselaw
New South Wales Supreme Court
CITATION : Perpetual Nominees Ltd v Parist Holdings Pty Ltd [2005] NSWSC 1345
HEARING DATE(S) : 5, 15 December 2005
JUDGMENT DATE : 15 December 2005
JUDGMENT OF : Brereton J
CATCHWORDS : CONTRACTS - uncertainty - whether absolute discretion of lender to fix interest rate valid - held it is not - whether determination of interest rate by lender requires communication - held it does - MORTGAGES - remedies of mortgagee - possession - discretion to defer issue of writ of possession
LEGISLATION CITED : Conveyancing Act 1919 (NSW)
Baloglow v Konstanidis [2001] NSWCA 451 Beattie v Fine [1925] VLR 363 Codelfa Construction Pty Ltd v State Rail Authority of New South Wales (1982) 194 CLR 337 Cross v National Australia Bank Limited (FCA, 29 April 1994, unreported) G Scammell & Nephew Limited v HC & JC Ouston [1941] AC 251 CASES CITED : Godecke v Kirwan (1973) 129 CLR 629 Kabwand Pty Limited v National Australia Bank Ltd (1989) ATPR 40-950 Khouri v Khoury [2004] NSWSC 770 Placer Developments Limited v Commonwealth of Australia (1969) 121 CLR 353 South Sydney Council v Royal Botanic Gardens Trust [1999] NSWCA 478. Thorby v Goldberg (1964) 112 CLR 597
(12722/05) Perpetual Nominees Limited (plaintiff) Parist Holdings Pty Limited (defendant) (13177/05) Perpetual Nominees Limited (plaintiff) PARTIES : Parist Holdings Pty Limited (first defendant) Versatec Industries (second defendant) (3483/05) Parist Holdings Pty Limited (plaintiff) Perpetual Nominees Limited (defendant)
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