Barrington Tops Developments Pty Ltd v Low [2008] NSWSC 859
Because the earlier deduction figure had been calculated on a $840,000 gross sale price rather than the $810,000 found appropriate, and the parties agreed the corrected deduction and revised round damages figure, the damages assessment was revised before orders were made. The stay was refused because the plaintiff did not show that the defendant would or might be unable to repay the judgment sum if an appeal succeeded; uncontradicted evidence established that the defendant was a man of substance.
- Jurisdiction
- Australia
- Judgment Date
- 19 August 2008
- Procedural Posture
- Procedural and Other Ruling in Equity Division Proceedings / After Judgment Delivered and Before Orders Made; Revision of Damages Assessment and Application for Stay Pending Contemplated Appeal
- Outcome
- Assessment of damages revised; orders made; stay of orders refused.
- Legal Topics
- ['assessment of Damages' 'amendment of Reasons Before Orders Made' 'stay of Monetary Orders Pending Appeal' 'costs' 'payment Out of Fund']
Case Brief
Summary, issues, holding and outcome
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Procedural Posture
Procedural and Other Ruling in Equity Division Proceedings / After Judgment Delivered and Before Orders Made; Revision of Damages Assessment and Application for Stay Pending Contemplated Appeal
Legal Issues
- 1 ['Whether the assessment of damages should be revised to correct a calculation based on the agreed deductions from a gross sale price of $810,000 rather than $840,000.' 'Whether the plaintiff should be granted a 28 day stay of the orders while it seeks advice as to an appeal.' 'Whether order 4 for payment out of funds to the defendant should be made immediately.']
Ratio Decidendi
Because the earlier deduction figure had been calculated on a $840,000 gross sale price rather than the $810,000 found appropriate, and the parties agreed the corrected deduction and revised round damages figure, the damages assessment was revised before orders were made. The stay was refused because the plaintiff did not show that the defendant would or might be unable to repay the judgment sum if an appeal succeeded; uncontradicted evidence established that the defendant was a man of substance.
Court Disposition
Assessment of damages revised; orders made; stay of orders refused.
Orders
- ['Damages assessed at $234,000 in lieu of $230,000.' 'Judgment for the defendant against the plaintiff for $289,250, comprising $234,000 damages and $55,250 interest on those damages up to the making of the orders.' 'The words "by consent" inserted at the commencement of paragraph 2 of the form of judgment/order.'...
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