Riva NSW Pty Ltd v Key Nominees Pty Ltd [2016] NSWSC 1569

Supreme Court New South Wales

Medium Neutral Citation: Riva NSW Pty Ltd v Key Nominees Pty Ltd [2016] NSWSC 1569 Hearing dates: 26 October 2016 Decision date: 07 November 2016 Jurisdiction: Equity Before: Stevenson J Decision: Leave to commence proceedings granted on terms Catchwords: PRACTICE AND PROCEDURE – earlier order that plaintiffs may only commence proceedings seeking relief concerning 2006 mortgagee sale with leave – whether leave should be granted – whether leave should be subject to terms that plaintiffs pay all outstanding costs orders and provide security for the costs of proposed proceedings Legislation Cited: Civil Procedure Act 2005 (NSW) Real Property Act 1900 (NSW) Uniform Civil Procedure Rules 2005 (NSW) Cases Cited: Adams v Bank of New South Wales [1984] 1 NSWLR 285 Ferella v Key Nominees Pty Limited (Supreme Court (NSW), Darke J, 26 June 2015, unrep) Bofinger v Kingsway Group Ltd (2009) 239 CLR 269; HCA 44 Ferella v Key Nominees Pty Limited [2015] NSWCA 401 Riva NSW Pty Limited v Key Nominees Pty Limited [2013] NSWSC 1952 Riva NSW Pty Ltd v Key Nominees Pty Ltd [2014] NSWSC 301 Riva NSW Pty Ltd v Key Nominees Pty Ltd [2014] NSWCA 381 Texts Cited: E L G Tyler, P W Young and C E Croft, Fisher & Lightwood's Law of Mortgage, (3rd ed 2014, LexisNexis Butterworths) Category: Principal judgment Parties: Riva NSW Pty Limited (First Plaintiff) Angelo Ferella (Second Plaintiff) Gustavo Ferella (Third Plaintiff) Key Nominees Pty Limited (Defendant) Representation: Counsel: R K Newton (Plaintiffs) R A Parsons with M C Bridgett (Defendant)