Silver v Dome Resources NL [2007] NSWSC 699

New South Wales Supreme Court

CITATION : Silver v Dome Resources NL [2007] NSWSC 699

HEARING DATE(S) : 23 May and 19 June 2007

JUDGMENT DATE : 29 June 2007

JURISDICTION : Equity

JUDGMENT OF : Hamilton J

DECISION : Interest awarded under s 100 of Civil Procedure Act 2005; orders made; successful plaintiffs' costs ordered in part on the indemnity basis by reason of refusal of offer of compromise.

CATCHWORDS : EQUITY [384] – Equitable remedies – Specific performance – Particular contracts – Guarantee and indemnity - INTEREST [5] – Recoverability of interest – Award of interest as damages – From commencement of proceedings to judgment – General principles – "Proceedings for the recovery of any money" - PROCEDURE [103] – Supreme Court procedure – Procedure under Rules of court – Offer of compromise – Refusal – Entitlement to costs on indemnity basis.

Civil Procedure Act 2005 ss 3, 100 LEGISLATION CITED : Supreme Court Rules 1970 Part 52A r 22(4) Uniform Civil Procedure Rules 2005 r 42.14

Bloch v Bloch (1981) 180 CLR 390 BNP Paribas v Pacific Carriers Ltd [2005] NSWCA 72 Ex parte Chinery; In re Chinery (1884) 12 QBD 342 Hillier v Sheather (1995) 36 NSWLR 414 In Shoppe Pty Ltd v Smith (1976) 6 ATR 242 McIntosh v Dalwood (No 3) (1930) 30 SR (NSW) 332 CASES CITED : McIntosh v Dalwood (No 4) (1930) 30 SR (NSW) 415 Morgan v Johnson (1998) 44 NSWLR 578 New South Wales Insurance Ministerial Corporation v Reeve (1993) 42 NSWLR 100 Silver v Dome Resources NL [2006] NSWSC 189 Silver v Dome Resources NL [2007] NSWSC 455 Victorian WorkCover Authority v Esso Australia Limited (2001) 207 CLR 520 Meagher, Gummow & Lehane's Equity Doctrines and Remedies (4th ed, 2002) [20-050]