Kim Than Ty v Kim Eng Lo [1999] NSWSC 712

Kim Than Ty v Kim Eng Lo [1999] NSWSC 712

On the evidence, it was more likely that any misappropriation occurred from the vendors after the solicitor held the settlement moneys on their behalf, rather than from the purchaser. In the absence of documents held by the receiver, the Court could not say that the plaintiffs had, or may have had, an interest in the property, so the summons to extend the caveat was dismissed with costs.

Jurisdiction
Australia
Judgment Date
06 July 1999
Procedural Posture
Application to Extend Caveat 3905007 / Hearing of Summons
Outcome
Summons dismissed with costs.
Legal Topics
['caveats' 'extension of Caveat' "vendor's Lien" 'purchase Money' 'misappropriation by Solicitor']

Case Brief

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Procedural Posture

Application to Extend Caveat 3905007 / Hearing of Summons

  1. 1 ['Whether caveat 3905007 should be extended.' 'Whether the plaintiffs had or may have had an interest in the property based on an asserted lien for unpaid purchase money.' 'Whether the misappropriated money was misappropriated from the vendors or from the purchaser.']

Ratio Decidendi

On the evidence, it was more likely that any misappropriation occurred from the vendors after the solicitor held the settlement moneys on their behalf, rather than from the purchaser. In the absence of documents held by the receiver, the Court could not say that the plaintiffs had, or may have had, an interest in the property, so the summons to extend the caveat was dismissed with costs.

Court Disposition

Summons dismissed with costs.

Orders

  • ['The summons is dismissed with costs.']