AMP Bank Limited v Brown and Kavanagh [2017] NSWSC 313

Supreme Court New South Wales

Medium Neutral Citation: AMP Bank Limited v Brown and Kavanagh [2017] NSWSC 313 Hearing dates: 1, 16 December 2016 (further written submissions on 29 January 2017, 7 February 2017 and 19 February 2017) Date of orders: 30 March 2017 Decision date: 30 March 2017 Before: Kunc J Decision: Cross-claim dismissed Catchwords: GUARANTEE AND INDEMNITY – Rights of surety – Against co-surety – Contribution – No general equitable jurisdiction to adjust rights to contribution to reflect culpability or responsibility for debt Cases Cited: Albion Insurance Co Ltd v Government Insurance Office (NSW) (1969) 121 CLR 342; [1969] HCA 55 Bater v Kare [1964] SCR 206 Bialkower v ACOHS Pty Ltd (1998) 83 FCR 1 BP Petroleum Development Ltd v Esso Petroleum Co Ltd [1987] SLT 345 Burke v LFOT Pty Ltd (2002) 209 CLR 282; [2002] HCA 17 Caledonian Railway Co v Colt (1860) 3 Macq 833 Coulls v Bagot's Executor and Trustee Co Ltd (1967) 119 CLR 460; [1967] HCA 3 Day v Shaw [2014] EWHC 36 (Ch) Dering v The Earl of Winchelsea [1787] 1 Cox, 318; 29 ER 1184 Fico v O'Leary [2004] WASC 215 Glenmont Investments Pty Ltd v O'Loughlin (No 3) (2001) 79 SASR 288; [2001] SASC 88 Hampton v Minns [2002] 1 WLR 1 Israel v Foreshore Properties Ltd (In liq) (1980) 54 ALJR 421 Lavin v Toppi (2015) 254 CLR 459; [2015] HCA 4 Leigh-Mardon Pty Ltd v Wawn (1995) 17 ACSR 741 Mahoney v McManus (1981) 180 CLR 370; [1981] HCA 54 Molloy v Dobson [2016] NZCA 25 Muschinski v Dodds (1985) 160 CLR 583; [1985] HCA 78 Official Trustee in Bankruptcy v Citibank Savings Ltd (1995) 38 NSWLR 116 Ogilvie v Ferry (2010) NSWSC 379 Parker v Alessi [2011] NSWSC 947 at [119] Robinson v Campbell (No 2) (1992) 30 NSWLR 503 Sky Channel Pty Limited v Tszyu (No 2) [2000] NSWSC 1150 Trotter v Franklin [1991] 2 NZLR 92 Texts Cited: J O'Donovan and J Phillips, Modern Contract of Guarantee – Online, (2004, Lawbook Co) J Heydon, M Leeming and P Turner, Meagher Gummow and Lehane's Equity Doctrines and Remedies, (5th ed, 2015, Lexis-Nexis Butterworths) P Young, C Croft and M Smith, On Equity, (2009, Lawbook Co) L Namier and J Brooke (eds), The History of Parliament: the House of Commons 1754–1790, (1964, Boydell and Brewer) Category: Principal judgment Parties: AMP Bank Limited ABN 1508 1596009 (Plaintiff)