COMMONWEALTH BANK OF AUSTRALIA v TERREY & ORS [1999] NSWSC 417
The Second Cross-claimant is entitled to indemnity under the Deed, as the defences of duress or undue influence, estoppel, and failure to mitigate loss are not made out based on the weight of evidence and applicable legal principles.
Source-derived case information.
- Jurisdiction
- Australia
- Judgment Date
- 05 May 1999
- Procedural Posture
- Cross Claim / Judgment
- Outcome
- Judgment for second cross-claimant against fourth defendant; quantum of judgment yet to be determined; fourth defendant to pay costs of Second Cross-claim.
- Legal Topics
- ['indemnity Under Deed' 'duress or Undue Influence' 'anshun Estoppel' 'failure to Mitigate Loss']
Source-derived case record
Summary, issues, holding and outcome
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Procedural Posture
Cross Claim / Judgment
Legal Issues
- 1 ['Whether the first defendant is entitled to indemnity under the Deed' 'Whether the Deed was signed under duress or undue influence' 'Whether the first defendant is estopped from bringing the Claim' 'Whether there was a failure to mitigate loss']
Ratio Decidendi
The Second Cross-claimant is entitled to indemnity under the Deed, as the defences of duress or undue influence, estoppel, and failure to mitigate loss are not made out based on the weight of evidence and applicable legal principles.
Court Disposition
Judgment for second cross-claimant against fourth defendant; quantum of judgment yet to be determined; fourth defendant to pay costs of Second Cross-claim.
Orders
- ['Second cross-claimant entitled to judgment against fourth defendant on Second Cross-claim.' 'Quantum of judgment to be determined; further argument may occur if no consensus.' 'Fourth defendant to pay costs of the Second Cross-claim.' 'Exhibits may be returned.']
Full Case Text
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