Nu Line Construction Group Pty Ltd v Fowler (No 3) [2014] NSWCA 229
The appellant was not to be held to the July 2011 pleaded date because the Court accepted the explanation that it resulted from a typographical error and there was no showing that the trial was conducted on that basis. For the purposes of s 100(1)(b), the cause of action arose when the project was abandoned, which was the July 2006 meeting accepted in the principal judgment; because the precise date of that meeting was not established, interest should commence on 1 August 2006. The judgment sum should therefore be varied to include the adjusted capital sum and net interest.
- Jurisdiction
- Australia
- Judgment Date
- 17 July 2014
- Procedural Posture
- Consequential Orders / On the Papers; Variation of Orders After Principal Judgment
- Outcome
- Order (2) made on 17 March 2014 varied with effect from that date.
- Legal Topics
- ['pre Judgment Interest' 'calculation of Interest' 'date From Which Interest Ran' 'date When Cause of Action Arose' 'variation of Orders' 'judgment Sum Failed to Include Judgment Interest']
Case Brief
Summary, issues, holding and outcome
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Procedural Posture
Consequential Orders / On the Papers; Variation of Orders After Principal Judgment
Legal Issues
- 1 ['What commencement date should be used for calculating pre-judgment interest on the moneys recovered by the appellant from the respondents.' 'Whether the appellant should be held to the July 2011 interest date pleaded in the further amended statement of claim.' 'Whether interest should run from the date the purpose for the payments failed or from the date of demand for repayment.']
Ratio Decidendi
The appellant was not to be held to the July 2011 pleaded date because the Court accepted the explanation that it resulted from a typographical error and there was no showing that the trial was conducted on that basis. For the purposes of s 100(1)(b), the cause of action arose when the project was abandoned, which was the July 2006 meeting accepted in the principal judgment; because the precise date of that meeting was not established, interest should commence on 1 August 2006. The judgment sum should therefore be varied to include the adjusted capital sum and net interest.
Court Disposition
Order (2) made on 17 March 2014 varied with effect from that date.
Orders
- ['Vary order (2) made on 17 March 2014, with effect from that date, to read:' 'Give judgment for the appellant against the respondents in the sum of $251,162.']
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