(1) Fast Financial Solutions Pty Ltd v Crawford and Battye (2) Cross-Claim: Battye v Fast Financial Solutions Pty Ltd and Crawford (3) Garland Valley Holdings Pty Ltd v Fast Financial Solutions Pty Ltd and Receivers [2012] NSWSC 40

Supreme Court New South Wales

Medium Neutral Citation: (1) Fast Financial Solutions Pty Ltd v Crawford and Battye (2) Cross-Claim: Battye v Fast Financial Solutions Pty Ltd and Crawford (3) Garland Valley Holdings Pty Ltd v Fast Financial Solutions Pty Ltd and Receivers [2012] NSWSC 40 Hearing dates: 13, 14, 15, 16 December 2011 Decision date: 10 February 2012 Jurisdiction: Equity Division - Corporations List Before: Justice Barrett Decision: Money judgment to be given in favour of Fast Financial Solutions Pty Ltd against Howard Charles Fitz Crawford and John Richard Battye. Further submissions to be made as to relief to be granted to John Richard Battye against Howard Charles Fitz Crawford. Catchwords: EQUITY - unconscionability - whether moneylender should be restrained from relying on guarantee because of unconscionable conduct - general law and statutory principles of unconscionability - EQUITY - fiduciary duty - where two persons undertake business venture - company formed to be their vehicle - company largely bypassed - one person assumes possession and control of all funds - whether fiduciary duty owed - whether fiduciary duty breached - PROCEDURE - orders - where breach of duty established but only relief expressly claimed is inappropriate - could should receive further submissions as to relief Legislation Cited: Civil Procedure Act 2005, s 90 Corporations Act 2001 (Cth), Part 2B.3, s 237 Real Property Act 1900, ss 42, 53(1), 53(4) Supreme Court Act 1970, s 62 Trade Practices Act 1974 (Cth), ss 51AA, 51AC Uniform Civil Procedure Rules 2005, rule 36.1 Cases Cited: Blackwell v Bray (1992) 35 FCR 584 Blomley v Ryan [1956] HCA 81; (1956) 99 CLR 362 Brunninghausen v Glavanics [1999] NSWCA 199; (1999) 46 NSWLR 538 Chan v Zacharia [1984] HCA 36: (1984) 154 CLR 178 Hospital Products Ltd v United States Surgical Corporation [1984] HCA 64; (1984) 156 CLR 41 John Alexander's Clubs Pty Ltd v White City Tennis Club Ltd [2010] HCA 19 ; (2010) 241 CLR 1 Maguire v Makaronis [1997] HCA 23; (1997) 188 CLR 449 Noranda Australia Ltd v Lachlan Resources NL (1988) 14 NSWLR 1 195 Crown Street Pty Ltd v Hoare [1969] 1 NSWR 193 Peninsular and Oriental Steam Navigation Co v Johnson [1938] HCA 16; (1938) 60 CLR 189 Sharpe v San Paulo Railway Co (1873) 8 Ch App 597 Tanwar Enterprises Pty Ltd v Cauchi [2003] HCA 57; 217 CLR 315 Tonto Home Loans Australia Pty Ltd v Tavares [2011] NSWCA 389 United Dominions Corporation Ltd v Brian Pty Ltd [1985] HCA 49 ; (1985) 157 CLR 1 Category: Principal judgment Parties: (1) Fast Financial Solutions Pty Ltd v Howard Charles Fitz Crawford and John Richard Battye (2) Cross-Claim: John Richard Battye v Fast Financial Solutions Pty Ltd and Howard Charles Fitz Crawford (3) Garland Valley Holdings Pty Ltd v Fast Financial Solutions Pty Ltd and Richard Albarran and Blair Alexander Pleash Representation: (1) Mr P T Newton - Plaintiff Mr G D McDonald - First Defendant Mr D P M Ash - Second Defendant (2) Cross-Claim: Mr D P M Ash - Cross- Claimant Mr P T Newton - First Cross-Defendant Mr G E McDonald - Second Cross- Defendant (3) Mr G D McDonald - Plaintiff Mr P T Newton - First, Second and Third Defendants (1) ERA Legal - Plaintiff LAC Lawyers Pty Ltd - First Defendant Hartcher Reid - Second Defendant (2) Cross-Claim: Hartcher Reid - Cross- Claimant ERA Legal - First Cross-Defendant LAC Lawyers Pty Ltd - Second Cross- Defendant (3) LAC Lawyers Pty Lgd - Plaintiff ERA Legal - First, Second and Third Defendants File Number(s): (1) 2009/00291593 (2) 2009/00291593 (3) 2009/00288580