Kiriwina Investment Company Pty Ltd v Green Lees Developments Pty Limited [2017] NSWSC 1727

Supreme Court New South Wales

Medium Neutral Citation: Kiriwina Investment Company Pty Ltd v Green Lees Developments Pty Limited [2017] NSWSC 1727 Hearing dates: 11 September 2017 Date of orders: 13 December 2017 Decision date: 13 December 2017 Jurisdiction: Common Law Before: Harrison AsJ Decision: The Court orders that:

(1) The proceedings are dismissed.

(2) The plaintiff is to pay the defendant's costs on an ordinary basis. Catchwords: MORTGAGES AND SECURITIES – farm mortgage and farm debt – Farm Debt Mediation Act 1994 (NSW) – proceedings for recovery of a debt by mortgagee – whether proceedings are commenced in contravention of s 8 of the Act and void under s 6 – whether mortgagor was a farmer – whether mortgagor was engaged in a farming operation – whether breeding snakes and rodents is a farming operation – whether mortgagor was solely and principally engaged in a farming operation or property development – whether there was a farm debt where the secured property has already been sold – whether notices under s 57(2)(b) of the Real Property Act 1900 (NSW) are inextricably interlinked to the commencement of proceedings to constitute a single enforcement action – identifying the date of enforcement action – effect of mortgagor having knowledge of the availability of mediation under the Farm Debt Mediation Act Legislation Cited: Farm Debt Mediation Act 1994 (NSW), ss 3, 4, 5, 6, 8 and 9 Real Property Act 1900 (NSW), ss 57 and 58 Cases Cited: Australian Cherry Exports Ltd v Commonwealth Bank of Australia (1996) 39 NSWLR 337 Champion Mortgage Services Pty Limited v Craigie [2006] NSWSC 869 Constantinidis v Equititrust Ltd [2010] NSWSC 299 Craigie & Anor v Champion Mortgage Services Pty Ltd [2007] NSWCA 15 Liberty Funding Pty Limited v Ivosevich [2002] NSWSC 140 Roxo v Normandie Farm (Dairy) Pty Ltd [2012] NSWSC 765 Varga v Commonwealth Bank of Australia [1996] NSWSC 86; (1996) 7 BPR 15,052 Waller v Hargraves Secured Investments Ltd (2012) 245 CLR 311 Texts Cited: Macmillan Publishers Australia, 'Macquarie Dictionary Online' https://www.macquariedictionary.com.au/features/word/search/?word=Poultry&search_word_type=Dictionary Macmillan Publishers Australia, 'Macquarie Dictionary Online' https://www.macquariedictionary.com.au/features/word/search/?word=quail&search_word_type=Dictionary Oxford University Press, 'Oxford English Dictionary', http://www.oed.com/view/Entry/149003?redirectedFrom=poultry#eid Oxford University Press, 'Oxford English Dictionary', http://www.oed.com/view/Entry/155818?rskey=ps5Hla&result=1&isAdvanced=false#eid Category: Principal judgment Parties: Kiriwina Investment Company Pty Ltd (Plaintiff) Green Lees Developments Pty Limited (Frist Defendant) Warwick Denshire (Second Defendant) Representation: Counsel: JA Trebeck (Plaintiff) J Dooley (Defendants)