Westpac Banking Corporation v Michael Munk [2012] NSWSC 504

Supreme Court New South Wales

Medium Neutral Citation: Westpac Banking Corporation v Michael Munk [2012] NSWSC 504 Hearing dates: 7 May 2012 Decision date: 17 May 2012 Before: Harrison AsJ Decision: (1) That judgment be entered for the plaintiff against both defendants for the monetary sum. (2) The defence filed 22 December 2010 is struck out. (3) The defendants are to pay the plaintiff's costs of the notice of motion filed 21 March 2011 and of the proceedings. Catchwords: SUMMARY JUDGMENT - whether plaintiff was entitled to charge default rate - whether promissory estoppel arises - whether plaintiff is entitled under counter indemnity to issue notice of demand on the defendants - whether plaintiff has a right to retiredebt into overdraft account Legislation Cited: Uniform Civil Procedure Rules 2005 Cases Cited: Commonwealth of Australia v Griffiths & Anor [2007] NSWCA 370 Dobbs v National Bank of Australasia [1935] HCA 49; (1935) 53 CLR 643 Gates v City Mutual Life Assurance Society Ltd [1986] HCA 3; (1986) 160 CLR 1 Hoyt's Pty Ltd v Spencer [1919] HCA 64; (1919) 27 CLR 133 Maguire v Makronis [1997] HCA 23; (1997) 188 CLR 449 Maybury v Atlantic Union Oil Co [1953] HCA 89; (1953) 89 CLR 507 Spencer v The Commonwealth of Australia [2010] HCA 28; (2010) 241 CLR 118 Walton's Stores (Interstate) Ltd v Maher [1988] HCA 7; (1988) 64 CLR 387 Category: Principal judgment Parties: Westpac Banking Corporation (Plaintiff) Michael Munk (First Defendant) Susan Jayne Lyness-Munk (Second Defendant) Representation: Counsel: Solicitors: File Number(s): 2010/290800