Webuildem Pty Ltd v Arab Bank Australia Ltd [2012] NSWCA 242

Webuildem Pty Ltd v Arab Bank Australia Ltd [2012] NSWCA 242

Absent any proceedings seeking final relief (such as rescission of settlement agreement), there is no basis for interlocutory relief such as a stay of consent orders; further, the applicants' grounds (delay, refinancing, misrepresentation, duress, lack of authority) had no apparent prospects of success.

Jurisdiction
Australia
Judgment Date
11 July 2012
Procedural Posture
Application for Leave to Appeal / Application for Leave to Appeal to Court of Appeal
Outcome
Application for leave to appeal dismissed with costs
Legal Topics
['interlocutory Applications' 'stays of Execution' 'consent Orders' 'settlement Agreements' 'rescission' 'duress' 'misrepresentation']

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Procedural Posture

Application for Leave to Appeal / Application for Leave to Appeal to Court of Appeal

  1. 1 ['Whether the primary judge erred in refusing a stay of consent orders entered after settlement' 'Whether alleged delay, refinancing ability, misrepresentation, duress, and lack of authority justified a stay' 'Whether interlocutory relief may be granted absent proceedings for final relief']

Ratio Decidendi

Absent any proceedings seeking final relief (such as rescission of settlement agreement), there is no basis for interlocutory relief such as a stay of consent orders; further, the applicants' grounds (delay, refinancing, misrepresentation, duress, lack of authority) had no apparent prospects of success.

Court Disposition

Application for leave to appeal dismissed with costs

Orders

  • ['Application for leave to appeal dismissed with costs.']