In the matter of Elsmore Resources Ltd; Elsmore Resources Ltd v Ashley Grant Howard & 3 ors [2014] NSWSC 953

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Elsmore Resources Ltd; Elsmore Resources Ltd v Ashley Grant Howard & 3 ors [2014] NSWSC 953 Hearing dates: 14 July 2014 Decision date: 18 July 2014 Jurisdiction: Equity Division - Corporations List Before: Brereton J Decision: Application for summary judgment dismissed with costs Catchwords: PROCEDURE - Summary disposal - Contracts Review Act defence - whether defence so clearly untenable that it could not possibly succeed Legislation Cited: (NSW) Contracts Review Act 1980, s 4, 7, 9 (NSW) Uniform Civil Procedure Rules 2005, r 13.1 Cases Cited: Beneficial Finance Corporation Ltd v Karavas (1991) 23 NSWLR 256 Fancourt v Mercantile Credits Limited (1983) 154 CLR 87 Hogan v Howard Finance Ltd [1987] ANZ ConvR 317; (1987) ASC 55-594; (1987) NSW ConvR 55-356 Kowalczuk v Accom Finance Pty Ltd (2008) 77 NSWLR 205 Nguyen v Taylor (1992) 27 NSWLR 48 Perpetual Trustee Company Ltd v Albert and Rose Khoshaba [2006] NSWCA 41; (2005) 14 BPR 26 Yerkey v Jones (1939) 63 CLR 649 Category: Interlocutory applications Parties: Elsmore Resources Ltd (plaintiff) Ashley Grant Howard (first defendant) Periwinkle Investments Pty Ltd (second defendant) Harry Fung (third defendant) HF Global Financial Solutions Pty Ltd (fourth defendant) Representation: Counsel: M. Izzo (plaintiff/respondent) P Caillard (third defendant/applicant) Solicitors: Norton White (plaintiff/respondent) Rockwell Olivier, Melbourne (third defendant/applicant) File Number(s): 2014/057738