Provident Capital Ltd v Naumovski [2013] NSWSC 40

Supreme Court New South Wales

Medium Neutral Citation: Provident Capital Ltd v Naumovski [2013] NSWSC 40 Hearing dates: 10/02/2011; 14/02/2011; 15/02/2011; 16/02/2011; 17/02/2011; 18/02/2011; 21/02/2011; 22/02/2011; 23/02/2011; 24/02/2011; 25/02/2011; 10/08/2011; 11/08/2011; 12/08/2011; 15/08/2011; 16/08/2011; 17/08/2011; 24/08/2011; 25/08/11; 26/08/2011 Decision date: 08 February 2013 Jurisdiction: Civil Before: Garling J Decision: (1) Direct counsel for the plaintiff within seven days of the date of judgment to provide to the Court and all other parties, the orders which it contends ought be made; (2) Direct that any other party within seven days of receipt of those orders, who does not agree with the orders proposed, to file the short minutes of order for which they contend together with any supporting submissions; (3) Stand proceedings over to 9.30am on 22 February 2013 for the making of orders. Catchwords: REAL PROPERTY - defendant's property used as security to refinance existing loans - existing loans were used by defendants' daughter - allegation that daughter defrauded parents - defendants lacked education, had limited use of English - credibility of witnesses - whether defendants' solicitor made false and misleading statements under the Fair Trading Act 1987 - whether defendant's solicitor owed a duty of care to Plaintiff - negligent discharge of solicitors retainer - whether the plaintiff was vulnerable - whether duty to explain loans was exercised with reasonable care - whether defendants are entitled to compensation under Real Property Act 1900 - the use of family member as an interpreter - whether contract under Contracts Review Act 1980 was unjust or unconscionable - whether mortgage ought to be set aside - consideration of benefit to defendants Legislation Cited: Civil Liability Act 2002 Contracts Review Act 1980 Evidence Act 1995 Fair Trading Act 1987 Real Property Act 1900 Uniform Civil Procedure Rules 2005 Cases Cited: Antonovic v Volker (1986) 7 NSWLR 151 Baltic Shipping v Dillon (1991) 22 NSWLR 1 Beneficial Finance Corporation Ltd v Karavas (1991) 23 NSWLR 256 Benic v State of New South Wales [2010] NSWSC 1039 Elkofairi v Permanent Trustee Co Ltd [2002] NSWCA 413 Fast Fix Loans Pty Ltd v Samardzic [2011] NSWSC 19 Fisher v Marin [2007] NSWSC 1411 Ford v Perpetual Trustees Victoria Ltd [2009] NSWCA 186; (2009) 75 NSWLR 42 Galle v Anglia Building Society [1971] AC 1004 Kowalczuk v Accom Finance Pty Ltd [2008] NSWCA 343; (2008) 77 NSWLR 205 Muskham Finance Ltd v Howard [1963] 1QB 904 Nguyen v Taylor (1992) 22 NSWLR 48 Perpetual Trustee Co Ltd v Khoshaba [2006] NSWCA 41 Perre v Apand Pty Ltd [1999] HCA 36; (1999) 198 CLR 180 Petelin v Cullen [1975] HCA 24; (1975) 132 CLR 355 Riz v Perpetual Trustee Australia Ltd [2007] NSWSC 1153 Spina v Permanent Custodians Ltd [2009] NSWCA 206 West v AGC (Advances) Ltd (1986) 5 NSWLR 610 Wilton v Farnworth [1948] HCA 20; (1948) 76 CLR 646 Category: Principal judgment Parties: Provident Capital Ltd (P) Dimitar Naumovski (D1) Milica Naumovska (D2) Kevin Anthony (D3) James Edwin Smith (D4) Gary John Fox (D5) Registrar General NSW (XD to 3XC) Steven Harvey (XD to 7XC) Representation: P. Menzies QC / B. Nolan (P) G.A. Rich (D1, D2) D. Lloyd (D3, D4, D5, D6) P. Walsh (XD to 3CC & 4CC; XC to 5CC) G. Curtin SC(XD to 7CC) Tiernan & Associates (P) Queen Street Chambers (D1, D2) Mullane & Lindsay (D3, D4, D5, D6) Legal Services, Land & Property Management Authority (XD to 3CC & 4CC; XC to 5CC)Gilchrist Connell (XD to 7CC) File Number(s): 2007/263760