NSW Caselaw
New South Wales Supreme Court
CITATION : Genworth Financial Mortgage Insurance Pty Limited v Hodder Rook & Associates Pty Limited [2010] NSWSC 1043
HEARING DATE(S) : 6/09/10 - 8/09/10
JUDGMENT DATE : 15 September 2010
JURISDICTION : Equity Division Commercial List
JUDGMENT OF : Einstein J
DECISION : The plaintiff has established the case which they pursued. The parties are directed to bring in short minutes of order on which occasion costs may be argued.
CATCHWORDS : Negligence - Duty of Care - Breach of duty - Valuation of real estate - Whether valuations performed by defendant constituted breaches of duty to exercise reasonable care and skill - Discussion of relevant principles - Trade Practices - Whether defendant valuer had engaged in misleading and deceptive conduct in relation to valuations - Reliance - Remoteness of Loss - Damages
Civil Procedure Act 2005 (NSW) LEGISLATION CITED : Corporations Act 2001 (Cth) Fair Trading Act 1987 (NSW) Trade Practices Act 1974 (Cth)
CATEGORY : Principal judgment
Adwell Holdings Pty Ltd v Smith [2003] NSWCA 103 Bickle v Commissioner of Main Roads (1961) 7 LGRA 155 Commonwealth v Arklay (1952) 87 CLR 159 Hann Nominees Pty Ltd v National Australia Bank Ltd [2000] FCA 454 Harris v Minister for Public Works (1912) 12 SR (NSW) 149 Ingot Capital Investments v Macquarie Equity Capital Markets (2008) 73 NSWLR 653 Interchase Corp Ltd v ACN 010 087 573 Pty Ltd [2000] QSC 013 Jowett v Federal Commissioner of Taxation (1926) 38 CLR 325 Kenny & Good Pty Ltd v MGICA (1992) Ltd (1999) 199 CLR 413 Kestrel Holdings Pty Limited v APF Properties Pty Ltd (2009) 260 ALR 418 CASES CITED : Lancini Properties Pty Limited v Savills (Qld) Pty Limited [2009] QSC 323 Lion Nathan Ltd v Coca-Cola Bottlers Ltd [1996] 1 WLR 1438 Merrivale Moore plc v Strutt & Parker [1999] 2 EGLR 171 Minister of Environment v Petroccia (1982) 30 SASR 333 Pamalco Pty Ltd v Minister (No 3) (1991) 71 LGRA 441 Redeam Pty Ltd v South Australian Land Commission (1977) 40 LGRA 151 Riverbank Pty Ltd v Commonwealth (1974) 48 ALJR 483 Singer & Friedlander Ltd v John D Wood & Co 1977) 243 EG 212 St Martins' Centre Pty Ltd v Valuer-General (WA) (2003) 30 SR (WA) 218 Trade Credits Ltd v Bailleu Knight Frank (NSW) Pty Ltd (1985) Aust. Torts Reports 80-757 Vero Lenders Mortgage Insurance Ltd v Taylor Byrne Pty Ltd [2006] FCA 1430
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