Despot v Registrar-General of NSW (No 2) [2013] NSWCA 332
The appellant is not entitled to contractual interest post-completion under Special Condition 3.1 because it only applies as liquidated damages for late completion. The appellant is therefore entitled to pre-judgment interest under s 100 of the Civil Procedure Act 2005, properly calculated at $23,148.
- Jurisdiction
- Australia
- Judgment Date
- 10 October 2013
- Procedural Posture
- Appeal / Consequential Orders Following Appellate Judgment and Further Submissions on Interest Calculation
- Outcome
- Amendment of previous order regarding calculation of pre-judgment interest; consequential order made.
- Legal Topics
- ['interest' 'calculation of Pre Judgment Interest' 'consequential Orders']
Case Brief
Summary, issues, holding and outcome
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Procedural Posture
Appeal / Consequential Orders Following Appellate Judgment and Further Submissions on Interest Calculation
Legal Issues
- 1 ['Whether appellant is entitled to interest as of right under contract or under s 100 Civil Procedure Act 2005' 'Proper calculation of pre-judgment interest']
Ratio Decidendi
The appellant is not entitled to contractual interest post-completion under Special Condition 3.1 because it only applies as liquidated damages for late completion. The appellant is therefore entitled to pre-judgment interest under s 100 of the Civil Procedure Act 2005, properly calculated at $23,148.
Court Disposition
Amendment of previous order regarding calculation of pre-judgment interest; consequential order made.
Orders
- ["Order 5 made on 20 September 2013 amended to read: 'Judgment for the appellant against Stelli for the sum of $91,086 plus pre-judgment interest of $23,148, that judgment to take effect on 15 April 2011.'"]
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