BRYANT LOGGING LIMITED V SOUNDS LOGGING LIMITED AND ANOR HC NEL CIV-2007-442-174

BRYANT LOGGING LIMITED V SOUNDS LOGGING LIMITED AND ANOR HC NEL CIV-2007-442-174

Summary judgment was granted because the respondents had no defence to the plaintiff's claim and the court could make orders for possession and judgment while preserving Spiers Group Limited's PPSA security rights; accordingly Heartland was ordered to surrender the Thunderbird Hauler, Bryant was awarded possession subject to Spiers' PPSA interest, judgment for $64,143.52 plus interest from 1 March 2004, cancellation under s7 Contractual Remedies Act 1979, and costs to the plaintiff.

Citation
openlaw-c4fefcaa_bf1e_420d_8661_0c033044d80f.pdf
Parties
Applicant: Bryant Logging Limited; First Respondent: Sounds Logging Limited; Second Respondent: Heartland Logging Limited; Intended Third Party Intervener: Spiers Group Limited
Court
High Court
Jurisdiction
New Zealand
Judgment Date
17 May 2007
Procedural Posture
Civil Summary Judgment Application / Summary Judgment Hearing / Judgment
Outcome
Summary judgment for Bryant Logging Limited
Legal Topics
Summary Judgment, Contract Cancellation, PPSA Security Interest, Possession and Recovery of Goods, Interest and Costs

Case Brief

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Parties

Bryant Logging Limited

Applicant

Sounds Logging Limited

First Respondent

Heartland Logging Limited

Second Respondent

Spiers Group Limited

Intended Third Party Intervener

Procedural Posture

Civil Summary Judgment Application / Summary Judgment Hearing / Judgment

  1. 1 Whether respondents have any defence to the plaintiff's claim warranting refusal of summary judgment
  2. 2 Whether Bryant Logging is entitled to possession of the Thunderbird Hauler
  3. 3 Effect of Spiers Group Limited's PPSA security interest on orders for possession

Ratio Decidendi

Summary judgment was granted because the respondents had no defence to the plaintiff's claim and the court could make orders for possession and judgment while preserving Spiers Group Limited's PPSA security rights; accordingly Heartland was ordered to surrender the Thunderbird Hauler, Bryant was awarded possession subject to Spiers' PPSA interest, judgment for $64,143.52 plus interest from 1 March 2004, cancellation under s7 Contractual Remedies Act 1979, and costs to the plaintiff.

Court Disposition

Summary judgment for Bryant Logging Limited

Orders

  • Heartland Logging Limited is required to surrender to Bryant Logging Limited possession of the 1986 Thunderbird Hauler subject of the sale and purchase agreement dated 1 March 2004
  • Bryant Logging Limited is entitled to retain possession of the Thunderbird Hauler subject to the PPSA interest of Spiers Group Limited until the earlier of Sounds Logging Limited discharging its obligations under the agreement or Spiers Group Limited exercising its rights under the Personal Property Securities Act 1999