Bentley & Anor v Bearing Traders Pty Ltd & Anor [2003] NSWSC 369

Bentley & Anor v Bearing Traders Pty Ltd & Anor [2003] NSWSC 369

A serious question to be tried exists as to whether the First Defendant’s conduct in asserting the plaintiffs’ liability as guarantors is misleading and deceptive when signatures are arguably forged, and the balance of convenience favours granting an interlocutory injunction to restrain such assertions until trial.

Jurisdiction
Australia
Judgment Date
17 April 2003
Procedural Posture
Civil / Interlocutory Injunction
Outcome
Interlocutory injunction granted
Legal Topics
['interlocutory Injunction' 'misleading or Deceptive Conduct' 'guarantee Liability' 'credit Rating Publication']

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Procedural Posture

Civil / Interlocutory Injunction

  1. 1 ['Whether the plaintiffs are liable as guarantors for the trading accounts of Minfox Pty Limited with the First Defendant' "Whether statements made to credit reporting agencies concerning the plaintiffs' alleged guarantee obligations are misleading or deceptive under s.52 Trade Practices Act 1974 (Cth)" 'Balance of convenience regarding granting an injunction']

Ratio Decidendi

A serious question to be tried exists as to whether the First Defendant’s conduct in asserting the plaintiffs’ liability as guarantors is misleading and deceptive when signatures are arguably forged, and the balance of convenience favours granting an interlocutory injunction to restrain such assertions until trial.

Court Disposition

Interlocutory injunction granted

Orders

  • ['The First Defendant is restrained from asserting the plaintiffs are liable on guarantees of accounts in default.']