Gilgandra Marketing Co-Operative Limited v Australian Commodity & Merchandise Pty Ltd (in liquidation) & Ors [No. 3] [2011] NSWSC 69

Supreme Court New South Wales

Medium Neutral Citation: Gilgandra Marketing Co-Operative Limited v Australian Commodity & Merchandise Pty Ltd (in liquidation) & Ors [No. 3] [2011] NSWSC 69 Hearing dates: 21 February 2011 Decision date: 22 February 2011 Jurisdiction: Equity Division Before: Slattery J Decision: See paragraph 29 of judgment Catchwords: LIENS - general possessory lien - vendor entitled to exercise right of stoppage in transitu - carriers claim lien for unpaid freight charges, demurrage and legal costs - vendor seeks redelivery and sale of wheat - wheat perishable - urgent sale of wheat required - carriers seek preservation of their claimed lien over the proceeds of sale, to be paid into Court - risk that sale proceeds may not be paid into Court due to circumstances beyond the parties' control - HELD - orders for delivery and sale made - proceeds of sale to be paid into Court - but orders made subject to vendor paying into Court partial security for the carrier's lien. Legislation Cited: Civil Procedure Act 2005, s 93 Sale of Goods Act 1923, s 48 Uniform Civil Procedure Rules 2005, s 25.4 Cases Cited: Allfox Building Pty Ltd v Bank of Melbourne Ltd [1993] ANZ ConvR 380; (1992) NSW ConvR 55-634 Booth Steamship Co Limited v Cargo Fleet Iron Co Ltd [1916] 2 KB 570 Gilgandra Marketing Co-Operative Limited v Australian Commodity & Merchandise Pty Ltd & Anor [administrator appointed] [2011] NSWSC 16 Harvey v McWatters (1948) 49 SR (NSW) 173 Hawkesbury Valley Development Pty Limited v Custom Credit Corporation Ltd (unreported, 7 February 1990, Needham AJ) Inglis v Commonwealth Trading Bank of Australia (1972) 126 CLR 161 Mayfair Trading Company Limited v Dreyer (1958) 101 CLR 428 MCP Muswellbrook Limited v Deutsch Bank (Asia) AG (1988) 12 NSWLR 16 Somes v British Empire Shipping Co Ltd (1860) 8 HL Cas 338 United States Steel Products Company v Great Western Railway [1916] AC 189 Wiatomo Wools (NZ) Ltd v Nelsons (NZ) Ltd [1974] 1 NZLR 484 Category: Procedural and other rulings Parties: Gilgandra Marketing Co-Operative Limited (Plaintiff/Cross Defendant) Australian Commodity & Merchandise Pty Ltd (First Defendant/Cross Claimant) MSC Mediterranean Shipping Company SA (Second Defendant) NYK Line (Third Defendant) MISC Berhad (Fourth Defendant) Representation: Counsel: A.C.Casselden (Plaintiff/Cross Defendant) S.A.Wells (First Defendant/Cross Claimant) M.G.McHugh (Second, Third and Fourth Defendants/Cross Claimants) Solicitors: Chris Frawley, Macpherson & Kelley Lawyers Pty Ltd (Plaintiff/Cross Defendant) Simon Morris, Piper Alderman (First Defendant/Cross Claimant) Stephen Thompson, Middletons (Second Defendant) David Coogan, Coogan & Co (Third and Fourth Defendants) File Number(s): 2010/236326 2010/354625