In the matter of C & L Cameron Pty Ltd - GB Gazzana v Nadalan Enterprises Pty Ltd; AF Gazzana v Nadalan Enterprises Pty Ltd [2012] NSWSC 676

Supreme Court New South Wales

Medium Neutral Citation: In the matter of C & L Cameron Pty Ltd - GB Gazzana v Nadalan Enterprises Pty Ltd; AF Gazzana v Nadalan Enterprises Pty Ltd [2012] NSWSC 676 Hearing dates: 31 May, 1 June 2012 Decision date: 19 June 2012 Jurisdiction: Equity Division - Duty List Before: Ward J Decision: Respective applications dismissed Catchwords: PRACTICE AND PROCEDURE - application for payment out of moneys presently held in Court - fund represents surplus proceeds after mortgagee sale of property then jointly owned by applicants/cross-respondents - applicants have established a prima facie entitlement to the fund - whether established that the respondent does not have an interest in the fund - HELD - not satisfied on evidence before the Court that the applicants have established that the respondent has no valid claim

PRACTICE AND PROCEDURE - cross-application by respondent that moneys remain in Court subject to determination of District Court proceedings against the applicants/cross-respondents - seeking freezing order or an injunction in protection of their claimed proprietary interest in the funds - test for freezing order looks to whether reasonable apprehension that fund will be dissipated in frustration of the Court process - distinction between application for injunction in aid of a proprietary right - OBITER - no basis established for freezing order - had there been an order for payment out of any of the funds, injunction to protect interest in the fund pending final hearing of claim by Nadalan Enterprises would have been granted Legislation Cited: Conveyancing Act 1919 (NSW) Duties Act 1997 (NSW) Real Property Act 1900 (NSW) Stamp Duties Act 1920 (NSW) Trade Practices Act 1974 (Cth) Uniform Civil Procedure Rules 2005 (NSW) Cases Cited: A v C (No 1) [1981] 1 QB 956 ACN 075 911 410 Pty Ltd (t/as Acuity Funding) v Almaty Pty Ltd [2011] NSWSC 333 ANZ v Maunder [2009] NSWSC 1356 Arnautovic t/as Jirsch Sutherland & Co v Cvitanovic (as trustee of the Bankrupt Estate of Adrian Lawrence Rosee) [2011] FCA 809 Australian Receivables Ltd v Tekitu Pty Ltd [2008] NSWSC 433 Avco Financial Services Ltd v Commonwealth Bank of Australia (1989) 17 NSWLR 679 Badman v Drake [2008] NSWSC 968 Beeby v Official Assignee of Pickering and Pickering [1953] NZLR 832 Big River Timbers Pty Ltd v Stewart [1999] NSWCA 34 Boral Bricks Pty Ltd v Davey & Ors [2010] QSC 131 Boral Recycling Pty Ltd v Wake [2009] NSWSC 712 Cardile v LED Builders Pty Limited [1999] 1 HCA 18 CIC Insurance Ltd v Bankstown Football Club Ltd (1997) 187 CLR 384 Clark Equipment Credit Australia Limited v Kiyose Holdings Pty Limited (1989) 21 NSWLR 160 Commonwealth Bank v Estate of late Slieman [2010] NSWSC 661 Di Bello v De Costi Seafoods (Holdings) Pty Ltd [2005] NSWCA 267 Electricity Meter Manufacturing Co v Manufacturers' Products Pty Ltd (1930) 30 SR (NSW) 422 Finn v Carelli [2007] NSWSC 261 Follacchio v Harvard Securities (Aust) Pty Ltd [2002] FCA 1067 Frigo v Culhaci (Unreported, NSWCA, 17 July 1998) Hope v Hope [1977] 1 NZLR 582 Huntlee Pty Ltd v Sweetwater Action Group Inc [2011] NSWCA 378 laconis v Lazar [2007] NSWSC 1103 Jackson v Richards [2005] NSWSC 630 James Thane Pty Limited v Conrad International Hotels Corp [1999] QCA 516 Jinhong Design & Construction Pty Ltd v Yi Nuo Xu [2012] NSWSC 523 Lake v Crawford (No 2) [2010] NSWSC 419 McCallum (aka Hain) v National Australia Bank [2000] NSWCA 218 McCleary v Bullabidgee Pty Ltd [2008] NSWSC 534 McKensey v Hewitt [2004] NSWSC 636 Moseley v Cressey's Co (1865) LR 1 Eq 405 National Commercial Banking Corporation of Australia Limited v Cheung (1983) 1 ACLC 1326 NEC Information Systems Australia Pty Limited v Linton (Unreported, NSW Supreme Court, 17 April 1985, Wood J) Neoform Developments and Interiors Pty Ltd v Town and Country Marketing Pty Ltd [2002] NSWSC 344 Official Trustee v D'Jamirze (1999) 48 NSWLR 416 Paul Ernest Simmons v Protective Commissioner of NSW also known as NSW Trustee and Guardian [2012] NSWSC 455 PCW (Underwriting Agencies) Ltd v Dixon [1983] 2 All ER 158 Perpetual Nominees Limited v Taouk & Anor [2009] NSWSC 605 Print National Pty Limited v Helps [2007] NSWSC 1050 Re Commonwealth Bank of Australia [20091 NSWSC 81 Rodick v Gandell (1852) 1 De GM & G 763 Ruth Chong v Super Equity Invests Pty Ltd & Anor [2012] NSWSC 27 Scottish Amicable Life Assurance Society v Reg Austin Insurance Pty Limited (1995) 9 ACLR 909 at 923 Shepherd v Felt and Textiles of Australia Ltd (1931) 45 CLR 359 Spencer v Commonwealth of Australia (2010) 241 CLR 118 Stephens v Debney (1959) 60 SR (NSW) 468 Swiss Bank Corporation v Lloyds Bank Ltd [1982] AC 584 TZ Ltd v ZMS Investments Pty Ltd [2010] NSWSC 196 Texts Cited: J Phillips and J O'Donovan, The Modern Contract of Guarantee (2010, 2nd ed) P W Young, C Croft and M L Smith, On Equity (2009) Category: Interlocutory applications Parties: Giovanni (John) Gazzana (Applicant/Respondent) Antonio (Tony) Gazzana (Applicant/Respondent) Nadalan Enterprises Pty Ltd (Respondent/Applicant) Representation: Counsel: B Pluznyk (Applicants/Respondents) R Quickenden (Respondent/Applicant) Solicitors: G P Legal (Applicants/Respondents) Felicio Law Firm (Respondent/Applicant) File Number(s): 12/058509