NSW Caselaw
Supreme Court New South Wales
Medium Neutral Citation: Padovan & Anor v MGG Group Pty Ltd (in liq) & Ors [2011] NSWSC 1080 Hearing dates: 22, 25 July 2011 Decision date: 14 September 2011 Jurisdiction: Equity Division Before: Black J Decision: Declaration that Plaintiffs are entitled to be subrogated to rights of secured lender - entitlement to contribution established Catchwords: GUARANTEE AND INDEMNITY - purchaser's lien - subrogation - contribution Legislation Cited: - Bankruptcy Act 1966 (Cth) Cases Cited: - Cochrane v Cochrane (1985) 3 NSWLR 403 - Cockburn v GIO Finance Ltd (No 2) (2001) 51 NSWLR 624 - Con-Stan Industries of Australia Pty Ltd v Norwich Winterthur Insurance (Australia) Ltd (1986) CLR 226 - Forder v Cemcorp Pty Ltd (2001) 51 NSWLR 486 - Ghana Commercial Bank v Chandiram [1960] AC 732 - Hewett v Court (1983) 149 CLR 639 - Horvath v Commonwealth Bank of Australia [1999] 1 VR 643 - Jessica Holdings Pty Ltd v Anglican Property Trust Diocese of Sydney (1992) 27 NSWLR 140 - McLean v Discount & Finance Ltd & (1939) 64 CLR 312 - Ogilvie v Ferry [2010] NSWSC 379 - Registrar General v Gill (Unreported, Supreme Court of New South Wales Court of Appeal, Gleeson CJ, Mahoney and Priestley JJA, 16 August 1994) - Rose v Watson (1864) HL Cas 672; 11 1187 - Slan v Edgerly [2008] NSWSC 1316 - State Bank of New South Wales v Geeport Developments Pty Ltd (1991) 5 BPR 11 Texts Cited: - Meagher Gummow & Lehane's Equity: Doctrines and Remedies, 4th ed, Lexis Nexis Butterworths, 2002 Category: Principal judgment Parties: Michael Paul Padovan (First Plaintiff) Ravi Gangaram Bale (Second Plaintiff) MGG Group Pty Ltd (in liq) (First Defendant) RCJ Holding Pty Ltd (in liq) (Second Defendant) Mouhsen Gittany (Third Defendant) Representation: Counsel: S. Golledge (Plaintiffs) The Third Defendant appeared in person (22 July), J. Weller (25 July) (Third Defendant) Solicitors: McGrath Solicitors (Plaintiffs) Joe Weller & Associates (Third Defendant) File Number(s): 10/282599
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