Segboer & Anor v A J Richardson Properties Pty Limited & Anor [2012] NSWCA 253

Court of Appeal Supreme Court New South Wales Medium Neutral Citation: Segboer & Anor v A J Richardson Properties Pty Limited & Anor [2012] NSWCA 253 Hearing dates: 28 June 2012 Decision date: 14 August 2012 Before: Allsop P at [1] Campbell JA at [2] Sackville AJA at [3] Decision: 1. Appeal dismissed. 2. The appellants pay the first respondent's costs of the appeal. 3. The appellants pay the second respondent's costs of the appeal and the cross appeal on an indemnity basis. 4. The cross-appeal otherwise dismissed. [Note: The Uniform Civil Procedure Rules 2005 provide (Rule 36.11) that unless the Court otherwise orders, a judgment or order is taken to be entered when it is recorded in the Court's computerised court record system. Setting aside and variation of judgments or orders is dealt with by Rules 36.15, 36.16, 36.17 and 36.18. Parties should in particular note the time limit of fourteen days in Rule 36.16.] Catchwords: BANKER AND CUSTOMER - bank guarantee - deed - whether guarantee "delivered" to beneficiary - whether physical delivery necessary - construction of guarantee - whether promise to pay contingent on return of original guarantee Legislation Cited: Corporations Act 2001 (Cth) Conveyancing Act 1919 Fair Trading Act 1987 Cases Cited: Agricultural and Rural Finance Pty Ltd v Gardiner [2008] HCA 57, 238 CLR 570 Ansett Transport Industries (Operations) Pty Ltd v Comptroller of Stamps [1985] VR 70 Automatic Fire Sprinklers Pty Ltd v Watson [1946] HCA 25; 72 CLR 435 Beesly v Hallwood Estates Ltd [1961] Ch 105 Bowker v Burdekin (1843) 11 M & W 128, at 147; 152 ER 744 Doe d Garnons v Knight (1826) 5 B & C 671; 108 ER 250 Federal Commissioner of Taxation v Taylor [1929] HCA 13; 42 CLR 80 Fletcher v Fletcher (1844) 4 Hare 67; 67 ER 564 Hall v Bainbridge (1848) 12 QB 699; 116 ER 1032 Hall v Palmer (1844) 3 Hare 532; 67 ER 491 Hooker Industrial Developments Pty Ltd v Trustees of the Christian Brothers (1977) 2 NSWLR 109 Insurance Exchange of Australasia Group v Dooley [2000] NSWCA 159; 50 NSWLR 222. Macedo v Stroud [1922] 2 AC 330 Monarch Petroleum NL v Citco Australia Petroleum Ltd [1986] WAR 310 Peel Valley Mushrooms Ltd v Corporate Investment Australia Funds Management Ltd [2000] NSWSC 958; 35 ACSR 535 Re Way's Trusts (1864) 2 De G J & S 365; 46 ER 416 Scook v Premier Building Solutions Pty Ltd [2003] WASCA 263, 28 WAR 124 Stromdale & Ball Ltd v Burden [1952] Ch 223 Wood Hall Ltd v The Pipeline Authority [1979] HCA 21; 141 CLR 443 Xenos v Wickham (1867) LR 2 HL 296 Yu v Brownvalley Investments Pty Ltd [2010] NSWSC 253 Texts Cited: A J Bradbrook, "The Delivery of Deeds in Victoria" (1981) 55 ALJ 267 J W Carter, Carter's Breach of Contract (2011) R J A Morrison, H J Goolden, R F Norton, Norton on Deeds (2nd ed, 1928) Category: Principal judgment Parties: Robert Cornelus Wilhelm Segboer (First Appellant) Anne Janette Segboer (Second Appellant) A J Richardson Properties Pty Ltd (First Respondent) Bank of Western Australia Ltd (Second Respondent) Representation: Counsel: M Ashhurst SC; M Walsh (Appellants) T D F Hughes (First Respondent) A Leopold; E Finnane (Second Respondent) Solicitors: Snelgroves (Appellants) Sagacious Legal Pty Ltd (First Respondent) Gadens Lawyers (Second Respondent) File Number(s): 2009/335092- 005 Decision under appeal Date of Decision: 2011-07-08 00:00:00 Before: Charteris DCJ File Number(s): 2009/335092