Simmons v Colly Cotton Marketing Pty Limited [2007] NSWSC 1092

New South Wales Supreme Court

CITATION : Simmons v Colly Cotton Marketing Pty Limited [2007] NSWSC 1092

HEARING DATE(S) : 28 September 2007

JUDGMENT DATE : 5 October 2007

JURISDICTION : Equity Division Commercial List

JUDGMENT OF : Bergin J

DECISION : Applicants entitled to order for interest on judgment debt and interest on costs. Respondents' Motion dismissed.

CATCHWORDS : [JUDGMENTS] - Date when judgment "takes effect" for the purposes of determining the date from which the 28 day moratorium commences when calculating interest on a judgment debt under s 101(3) of the Civil Procedure Act 2005 where Court of Appeal substitutes the amount of damages - [INTEREST] - Whether interest to be awarded on judgment debt - [INTEREST ON COSTS] Whether first instance Court can make order for interest on costs awarded by Court of Appeal - Whether interest should be awarded

LEGISLATION CITED : Civil Procedure Act 2005 Common Law Practice Act 1867 (Qld)

Australian Development Corporation Pty Limited v White Constructions (ACT) Pty Limited (in liquidation) [2002] NSWSC 280 Colly Cotton Marketing Pty Limited v Simmons [2006] NSWCA 134 Davies v Kur-ring-gai Municipal Council [2003] NSWSC 1010 Gould v Vaggelas (1985) 157 CLR 215 CASES CITED : Grogan v Thiess Contractors Pty Limited [2000] NSWSC 1101 Kardos v Scarbutt (No 2) [2006] NSWCA 206 Lahoud v Lahoud [2006] NSWSC 126 Puntoriero v Water Administration Ministerial Corporation [2002] NSWSC 217 Rabobank Australia Limited v Colly Cotton Marketing Pty Limited [2005] NSWSC 727