Walter Nazloomian v Commonwealth Bank of Australia Pty Limited and ors [2013] NSWSC 681

Supreme Court New South Wales

Medium Neutral Citation: Walter Nazloomian v Commonwealth Bank of Australia Pty Limited and ors [2013] NSWSC 681 Hearing dates: 25 March 2013 Decision date: 04 June 2013 Before: Bellew J Decision: 1.The Notice of Motion is dismissed. 2.The third defendant, Saracen Holdings Pty Limited, is to pay the plaintiff's costs. Catchwords: PRACTICE AND PROCEDURE - application by defendant corporation to set aside default judgment - where defendant properly served with originating process - where proceedings brought to the attention of the director of the defendant corporation prior to judgment being entered - whether default adequately explained - whether bona fide defence made out - application to set aside judgment dismissed Legislation Cited: Corporations Act 2001 Evidence Act 1995 Uniform Civil Procedure Rules 2005 Cases Cited: Adams v Kennick Trading (International) Limited (1986) 4 NSWLR 503 Cameron v Cole (1944) 68 CLR 571 Evans v Bartlam [1937] AC 473 Grimshaw v Dunbar [1953] 1 QB 408 Magnate Projects Pty Limited v Youma Constructions (No 2) Pty Limited [2005] NSWCCA 331 Renegade Rigging Pty Ltd v Hanlon Nominees Pty Limited [2010] VSC 385 Simpson v Alexander (1926) 26 SR (NSW) 296 Scope Data Systems Pty Ltd v Goman (2007) 70 NSWLR 176 Vacuum Oil Co. Pty Limited v Stockdale (1942) 42 SR (NSW) 239 Category: Principal judgment Parties: Walter Nazloomian - Plaintiff Commonwealth Bank of Australia Pty Limited - First Defendant Nathan Elali - Second Defendant Saracen Holdings Pty Limited - Third Defendant Representation: Ms M McMahon - Third Defendant/Applicant Mr P Bolster - Plaintiff/Respondent D Massey - Third Defendant/Applicant Frank Legal - Plaintiff/Respondent File Number(s): 2011 /0404385