Smith v Quasar Constructions Pty Ltd [2016] NSWLC 1

Local Court New South Wales

Medium Neutral Citation: Smith v Quasar Constructions Pty Ltd [2016] NSWLC 1 Hearing dates: 12 February 2016, 17 February 2016, 1 March 2016 Decision date: 01 April 2016 Jurisdiction: Civil Before: Curran LCM Decision: I order that the two sums of money paid by AAI Pty Limited into court in June 2015, namely, $20,118.94 and $25,003.37 be paid out to the applicant, Quasar Constructions (Commercial) Pty Ltd. Catchwords: CIVIL PROCEEDINGS – registration of certificate of judgment – whether judgment creditor entitled to money paid into court – competing security interest – registration of security interest – attachment to collateral – perfection of security interest as condition of enforceability – effect of late payment of stamp duty on security deed – priority Legislation Cited: Civil Procedure Act 2005 Duties Act 1997 Personal Property Securities Act 2009 (Cth) Uniform Civil Procedure Rules 2005 Cases Cited: ACN 075 911 410 Pty Ltd (t/as Acuity Funding) v Almaty Pty Ltd [2011] NSWSC 333 Arnautovic and Sutherland t/as Jirsch Sutherland and Co v Cviteanovic [2011] FCA 809 Awadallah v Hymix Australia Pty Ltd [2015] NSWSC 117 Boral Recycling Pty Ltd v Wake [2009] NSWSC 712 Briginshaw v Briginshaw (1938) 60 CLR 336 Celestial Finance Australia Pty Ltd v Bhaus Pty Ltd and Anor [2015] NSWSC 1509 In the application of Roderick McKay Sutherland and Sule Arnautovic [2014] NSWSC 821 In the matters of Beechwood Land Estates Pty Ltd (admin apt) and Griffith Estates Pty Ltd (admin apt) No 2 [2015] NSWSC 336 McCallum (aka Hain) v The National Australia Bank [2000] NSWCA 218 Neoform Developments and Interiors Pty Ltd v Town and Country Marketing Pty Ltd [2002] NSWSC 344 Re C & L Cameron Pty Ltd - GB Gazzana v Nadalan Enterprises Pty Ltd; AF Gazzana v Nadalan Enterprises Pty Ltd [2012] NSWSC 676 Schibaia v Elias [2013] NSWSC 1485 Secure Funding Pty Ltd v Bettini [2011] NSWSC 557 Shepherd v Felt and Textiles of Australia Ltd (1931) 45 CLR 359 Vellissimo v JCL Investments Pty Ltd [2009] NSWSC 1260 Category: Procedural and other rulings Parties: Luke Smith (judgment creditor/ respondent) Quasar Constructions Pty Limited (defendant/ judgment debtor) Quasar Constructions Commercial Pty Limited (applicant) Representation: Counsel: G MacDonald (for the applicant) J Rose (for the respondent)