Socratous v Galanopoulos [2016] NSWSC 1209

Supreme Court New South Wales

Medium Neutral Citation: Socratous v Galanopoulos [2016] NSWSC 1209 Hearing dates: 23 August 2016 Decision date: 23 August 2016 Jurisdiction: Equity Before: White J Decision: 1. Judgment for the first and second plaintiffs Mr Socratous and Ms Kadi against the first defendant Mr Galanopoulos in the sum of $691,532.12 plus interest to be calculated pursuant to s 100 of the Civil Procedure Act from 26 July 2016 to today's date on that sum. 2. Judgment for the first plaintiff against the first defendant in the sum of $182,913 plus interest pursuant to s 100 of the Civil Procedure Act calculated from 28 July 2015 to date. 3. Order that the first defendant pay the first plaintiff's costs. Catchwords: PRACTICE AND PROCEDURE — Application for summary judgment — Plaintiffs and defendants provided a guarantee and indemnity in respect of a loan — Plaintiffs discharged loan — Plaintiffs seek contribution from co-guarantors — First defendant failed to file a defence to the plaintiffs further amended statement of claim — First defendant did not provide any evidence in response to plaintiff's notice of motion for summary judgment — First defendant unable to make any submission suggesting any defence to plaintiff's further amended statement of claim— Plaintiffs entitled to summary judgment against first defendant. Category: Procedural and other rulings Parties: Neil Socratous (1st Plaintiff) Rita Kadi (2nd Plaintiff) Dimitri Galanopoulos (1st Defendant) Maria Galanopoulos (2nd Defendant) Representation: Counsel: A McQuillen (1st Plaintiff) In person (2nd Plaintiff) In person (1st Defendant) No appearance (2nd Defendant)