Precious Metals Australia Limited v Xstrata (Schweiz) AG [2005] NSWSC 141

New South Wales Supreme Court

Precious Metals Australia Limited v Xstrata (Schweiz) AG [2005] NSWSC 141 CITATION : This decision has been amended. Please see the end of the judgment for a list of the amendments.

HEARING DATE(S) : 01/03/05

JUDGMENT DATE : 9 March 2005

Equity Division JURISDICTION : Commercial List

JUDGMENT OF : Einstein J

DECISION : Answers given to first and second separate questions under Part 31.

CATCHWORDS : Contracts - Construction - Guarantee and Indemnity

Alliance Acceptance Co Ltd v Hinton (1964) 1 DCR (NSW) 5 Andar Transport Pty Limited v Brambles Ltd [2004] HCA 28 Antaios Compania Naviera SA v Salen Rederierna AB [1985] AC 191 Australian Broadcasting Commission v Australasian Performing Right Association Ltd (1973) 129 CLR 99 Australian Joint Stock Bank v Hogan (1902) 2 SR (NSW) 7 Bank of New Zealand v Baker [1926] NZLR 462 Browning v Stallard (1814) 5 Taunt 450; 128 ER 764 Burswood Management Limited v Attorney-General (Commonwealth) (1990) 23 FCR 144 Citicorp Australia Ltd v Hendry (1985) 4 NSWLR 1 Campbell v McIsaac (1873) 9 NSR 287 (CA) (Can) Coady v J Lewis & Sons Ltd [1951] 3 DLR 845 Codelfa Constructions Pty Ltd v State Rail Authority (NSW) (1982) 149 CLR 337 Commercial Banking Co of Sydney Ltd v Patrick Intermarine Acceptances Ltd (in Liq) (1978) 52 ALJR 404 Conley (t/as Caplan & Conley) Re; Ex parte Trustee v Barclays Bank Ltd [1938] 2 All ER 127 Direct Acceptance Finance Ltd v Cumberland Furnishings Pty Ltd [1965] NSWR 1504 Edwards v Lennon (1986) 6 SCR (NSW) Eq. 18 Elder v Northcott [1930] 2 Ch 422 Forster v Ivey (1901) 2 OLR 480; 32 OR 175 (CA) General Surety & Guarantee Co Ltd v Francis Parker Ltd (1977) 6 BLR 16 George v Cluning (1979) 28 ALR 57 Guild & Co v Conrad [1894] 2 QB 885 Harburg India Rubber Comb Co v Martin [1902] 1 KB 778 Hatfield v Health Insurance Commission (1987) 15 FCR 487 Hide and Skin Trading v Oceanic Meat Traders Ltd (1990) 20 NSWLR 310 Inland Revenue Commissioners v Holder [1931] 2 KB 81 International Fina Services AG v Katrina Shipping Ltd ("The Fina Samco") [1995] 2 Lloyd's Rep 344 Investors Compensation Scheme Ltd v West Bromwich Building Society [1998] 1 WLR 896 Jowitt v Callaghan (1938) 38 SR (NSW) 512 CASES CITED : Kimball Lumber Co v Anderson (1916) 27 DLR 555 (Sask. CA) L Schuler AG v Wickman Machine Tool Sales Ltd [1974] AC 235 McPherson v Forlong [1928] 3 WWR 45 (Can) Maggbury Pty Ltd v Hafele Australia Pty Ltd (2001) 210 CLR 181 Minister for Immigration and Multicultural Affairs Morin v Hammond Lumber Co [1923] 1 DLR 519 Moschi v Lep Air Services Ltd [1973] AC 331 Optus Vision Pty Ltd v Australian Rugby Football League Ltd [2004] NSWCA 61 Overend, Guerney & Co (Liquidators) v Oriental Financial Corporation (Liquidators) (1874) LR7HL 348 Peppers Hotel Management Pty Ltd v Hotel Capital Partners Ltd [2004] NSWCA 114 Permanent Trustee Co of New South Wales Ltd v Hinks (1934) 34 SR (NSW) 130 Perry v National Provincial Bank of England [1910] 1 Ch 464 Prenn v Simmonds [1971] 1 WLR 1381; [1971] 3 All ER 237 R v Gurofsky (1919) 16 OWN 19 Richards (dec'd); Ex parte Lloyd (1935) 8 ABC 37 Reardon Smith Line Ltd v Yngvar Hansen-Tangen [1976] 1 WLR 989; [1976] 3 All ER 570 Royal Botanic Gardens and Domain Trust v South Sydney City Council (2002) 186 ALR 289 Smith v Wood [1929] 1 Ch 14 Sunbird Plaza Pty Limited v Maloney (1988) 166 CLR 245 Thackwell v Gardiner (1851) 5 De G & Sm 58; 64 ER 1017 Total Oil Products (Australia) Pty Ltd v Robinson [1970] 1 NSWR 701 Turner Manufacturing Co Pty Ltd v Senes [1964] NSWR 692 Upper Hunter County District Council v Australian Chilling and Freezing Co Ltd (1968) 118 CLR 429 Victims Compensation Fund Corp v Brown [2003] HCA 54 Vodafone Pacific Ltd v Mobile Innovations Ltd [2004] NSWCA 15 Wauthier v Wilson (1912) 28 TLR 239 Western Dominion Investment Co Ltd v MacMillan [1925] 2 DLR 442 W Thomas & Company Ltd v Welk [1935] SASR 165 Yeoman Credit Ltd v Latter [1961] 1 WLR 828