NSW Caselaw
New South Wales Supreme Court
CITATION : Perpetual Trustee Company Ltd (original plaintiff). Performance Capital Mortgage Pty Ltd v Motive Finance & Leasing Pty Ltd [2010] NSWSC 429
HEARING DATE(S) : 16.04.10
JUDGMENT DATE : 13 May 2010
JUDGMENT OF : Windeyer AJ
DECISION : Par 41
CATCHWORDS : REAL PROPERTY – equitable mortgage – whether the mortgage secured any debt or obligation – whether sufficient note or memorandum in writing – Conveyancing Act 1919 (NSW) s 54A - REAL PROPERTY – distribution of surplus funds of sale by registered first mortgagee – determination of priorities – equitable interests – unregistered mortgages – effect of withdrawal of caveat - EQUITY – equitable interests – priority – postponing conduct
Conveyancing Act 1919 LEGISLATION CITED : Real Property Act 1900 Real Property (Amendment) Act 1970 Trustee Act 1925
CATEGORY : Principal judgment
Australia & New Zealand Banking Group Ltd v Widin (1990) 26 FCR 21 Australian Guarantee Corporation (NZ) Ltd v CFC Commercial Finance Ltd [1995] 1 NZLR 129 Butler v Fairclough [1917] HCA 9; (1917) 23 CLR 78 Clark v Raymor (Brisbane) Pty Ltd (No 2) [1982] Qd R 790 Commonwealth Bank of Australia v Platzer [1997] 1 Qd R 266 Courtenay v Austin [1962] NSWR 296; (1961) 78 WN (NSW) 1082 Double Bay Newspapers Pty Ltd v AW Holdings Pty Ltd (1996) 42 NSWLR 409 Elderly Citizens Home of SA Inc v Balnaves (1998) 72 SASR 210 Elias v George Sahely & Co (Barbados) Ltd [1983] 1 AC 646 GE Commercial Corporation (Australia) Pty Ltd v L&B Enterprises Pty Ltd [2009] NSWSC 770 Green v Commonwealth Bank of Australia (No 2) (1994) 29 ATR 599 CASES CITED : Heid v Reliance Finance Corp Pty Ltd [1983] HCA 30; (1983) 154 CLR 326 J & H Just (Holdings) Pty Ltd v Bank of New South Wales (1971) 125 CLR 546 Lapin v Abigail (1930) 44 CLR 166 Latec Investments Ltd v Hotel Terrigal Pty Ltd (In Liq) (1965) 113 CLR 265 Nearhaze v The Official Trustee [1999] NSWSC 959 Perpetual Trustees Victoria Ltd v English [2009] NSWSC 478 Provident Capital Ltd v Printy [2008] NSWCA 131 Shawyer v Amberday Pty Ltd (In Liq) [2001] NSWSC 399 Sinclair Scott & Co Ltd v Naughton (1929) 43 CLR 310 Taddeo v Catalano (1975) 11 SASR 492 Thomson v McInnes [1911] HCA 30; (1911) 12 CLR 562 Timmins v Moreland Street Property Co Ltd [1958] Ch 110 Tonitto v Bassal (1992) 28 NSWLR 564
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