NSW Caselaw
New South Wales Supreme Court
CITATION : Palindrome Holdings Pty Ltd v Wass [2009] NSWSC 797
HEARING DATE(S) : 31 July 2009
JUDGMENT DATE : 1 September 2009
JUDGMENT OF : Davies J
DECISION : (1) Dismiss the proceedings (2) Order the Plaintiff to pay the costs of the motion and the proceedings.
CATCHWORDS : GUARANTEE AND INDEMNITY - the contract of guarantee - construction and effect - nature of a guarantee - when cause of action accrues against guarantor - necessity for a demand. PROCEDURE - judgments and orders - summary dismissal - whether no reasonable cause of action - whether case so weak it could not succeed at trial. LIMITATION OF ACTIONS - contracts, torts and personal actions - when time begins to run. CORPORATIONS - legal capacity and relations with outsiders - execution of documents - whether directors bound themselves personally as guarantors by signing as directors of the corporation.
Civil Procedure Act 2005 Imperial Acts Application Act 1969 LEGISLATION CITED : Limitation Act 1969 Statute of Frauds Uniform Civil Procedure Rules
Ankar Pty Limited v National Westminster Finance (Australia) Limited (1987) 162 CLR 549 Ariadne Steamship Co Ltd v James McKelvie & Co [1922] 1 KB 518 Brimson v Rocla Concrete Pipes Ltd [1982] 2 NSWLR 937 Cheney & Wilson v Duncan [2001] NSWCA 197 Clark Equipment Credit of Australia Ltd v Kiyose Holdings Pty Ltd & Others (1989) 21 NSWLR 160 Clyde Industries Ltd v Dittes (unreported, NSW Supreme Court, 5 June 1992) Custom Credit Corporation Limited v Simcock (unreported, Supreme Court of WA, 13 April 1995) CASES CITED : Equity Nominees Ltd v Tucker (1967) 116 CLR 518 General Steel Industries Inc v Commissioner for Railways (NSW) (1964) 112 CLR 124 Hillebrand v Penrith Council [2000] NSWSC 1058 Moschi v LEP Air Services Ltd [1973] AC 331 Re Taylor (1995) 130 ALR 723 Samson v Zucker (unreported, Court of Appeal, 11 December 1996) Sunbird Plaza Pty Ltd v Maloney (1988) 166 CLR 245 Wardley Australia Ltd v State of Western Australia (1992) 175 CLR 514
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