NSW Caselaw
New South Wales Supreme Court
American Re-insurance Company v Thomas Gervay [2005] NSWSC 802 CITATION : This decision has been amended. Please see the end of the judgment for a list of the amendments.
HEARING DATE(S) : 1/08/05
JUDGMENT DATE : 12 August 2005
Equity Division JURISDICTION : Commercial and Construction List
JUDGMENT OF : Einstein J
DECISION : Verdict to be entered for plaintiff.
CATCHWORDS : Commercial Law - Contract Performance Bonds - Proper construction - Commercial purpose of certification procedure - Whether Surety under any obligation to satisfy itself as to the existence of circumstances justifying demand for payment made under the Performance Bonds
Ankar Pty Limited v National Westminster Finance (Australia) Limited (1987) 162 CLR 549 Antaios Compania Naviera SA v Salen Rederierna AB [1985] AC 191 Australian Broadcasting Commission v Australasian Performing Right Association Ltd (1973) 129 CLR 99 BI (Australia) Pty Limited v. Cigna Insurance Australia Limited, (1990) 11 BCL 64 Codelfa Construction Pty Ltd v State Rail Authority of New South Wales (1982) 149 CLR 337 Edward Engineering Limited v Barclay's Bank International Limited [1978] 1 Lloyd's Rep 166 Gold Coast Limited v. Caja De Ahorros Del Mediterraneo [2002] 1 Lloyd's Rep 617 Hide & Skin Trading v Oceanic Meat (1990) 20 NSWLR 310 I.E. Contractors Ltd v Lloyd's Bank Plc [1990] 2 Lord's Reports 496 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 CASES CITED : Lakatoi Universal & Walker [2000] NSWSC 113 L Schuler AG v Wickman Machine Tool Sales Ltd [1974] AC 235 Maggbury Pty Limited v Hafele Australia Pty Limited (2001) 76 ALJR 246 Optus Vision Pty Ltd v Australian Rugby Football League Ltd [2004] NSWCA 61 Owen v Barclay's Bank [1978] 1 Lloyd's Law Reports 166 Peppers Hotel Management Pty Ltd v Hotel Capital Partners Ltd [2004] NSWCA 114 Prenn v Simmonds [1971] WLR 1381 Royal Botanic Gardens and Domain Trust v South Sydney City Council (2002) 186 ALR 289 Upper Hunter County District Council v Australian Chilling and Freezing Co Ltd (1968) 118 CLR 429 Vodafone Pacific Ltd v Mobile Innovations Ltd [2004] NSWCA 15 Wood Hall Limited v. The Pipeline Authority (1979) 141 CLR 443.
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