Chen v Song, Chen v Song [2005] NSWSC 19

New South Wales Supreme Court

CITATION : Chen v Song, Chen v Song [2005] NSWSC 19

HEARING DATE(S) : 4-5/08/03, 14/08/03, 3-4/11/03, 16-20/02/04, 24-27/02/04, 4/03/04, 15-19/03/04, 21-23/06/04, 16-17/09/03

JUDGMENT DATE : 16 February 2005

JUDGMENT OF : James J at 1

DECISION : -

CATCHWORDS : MORTGAGE - High interest short term loan - default - registration of mortgage - claim for possession - whether exception to indefeasibility - alleged forged mortgage - authority - whether defendants entitled to relief under the principles relating to unconscionability in Amadio - whether defendants entitled to relief under the Contracts Review Act - Fair Trading Act

Contracts Review Act LEGISLATION CITED : Fair Trading Act Real Property Act

Asia Pacific International Pty Limited v Dalrymple [2000] 2 Qd R 229 Assets Co Limited v Mere Roihi [1905] AC 176 Commercial Bank of Australia v Amadio (1983) 151 CLR 447 Frazer v Walker [1967] 1 AC 569 Garcia v National Australia Bank Limited (1998) 184 CLR 395 Grgic v ANZ Banking Group Limited (1994) 33 NSWLR 202 Khan v Hadid [2003] NSWSC 1191 Klement v Pencoal Limited [2000] QCA 152 CASES CITED : Mayer v Coe (1968) 88 W.N. (Pt 1) (NSW) 549 Mercantile Mutual Life Assurance Co Limited v Gosper (1991) 25 NSWLR 32 Multispan v Portland (No 2) [2001] NSWSC 1047 Permanent Trustee Co Limited v Frazis (1999) NSWSC 319 PT Limited v Maradona Pty limited (1992) 25 NSWLR 643 Rowe v B & R Nominees Pty Limited [1964] VR 477 Soyfer v Earlmaze Pty Limited [2000] NSWSC 1068 Storey v Advance Bank Limited (1993) 31 NSWLR 722 Yerkey v Jones (1939) 63 CLR 649