FEDERAL COURT OF AUSTRALIA
Politano v ACN 060 442 926 Pty Ltd [2000] FCA 882
BRUNO AND MARIA TERESA POLITANO & ANOR v ACN 060 442 926 PTY LIMITED & ORS
NG 416 of 1998
LINDGREN J
26 JUNE 2000
SYDNEY
|
IN THE FEDERAL COURT OF AUSTRALIA |
|
|
NG 416 OF 1998 |
|
BETWEEN: |
BRUNO AND MARIA TERESA POLITANO FIRST APPLICANTS/SECOND AND THIRD CROSS-RESPONDENTS
FRESH ’N CLEAN PTY LIMITED (ACN 078 797 994) SECOND APPLICANT/FIRST CROSS-RESPONDENT
|
|
AND: |
ACN 060 442 926 PTY LIMITED FIRST RESPONDENT/CROSS-CLAIMANT
JOSEPH MICHAEL JOHN FARRUGIA SECOND RESPONDENT
SANDRA LEE FARRUGIA THIRD RESPONDENT
JOHN CAINS FOURTH RESPONDENT
GIUSEPPE POLITANO FOURTH CROSS-RESPONDENT
|
|
DATE OF ORDER: |
|
|
WHERE MADE: |
CORRIGENDUM
Annex to the Reasons for Judgment dated 26 June 2000 of the Honourable Justice Lindgren, the attached schedule which was referred to in them but not previously attached to them.
Associate:
Dated:
|
Date |
Calculation |
Amount |
|
15 August 1997 |
Paid |
375,000 |
|
|
Expenses |
11,025.80 |
|
|
Sub-total |
386,025.80 |
|
|
Less Value of plant, fittings and chattels |
32,096 |
|
|
Outstanding debt to vendor |
121,939.48 |
|
|
Sub-total |
231,990.32 |
|
|
|
|
|
|
|
|
|
15.08.97-30.06.98 |
Losses |
77,883 |
|
01.07.98-30.06.99 |
Losses |
47,254 |
|
01.07.99-30.06.00 |
Losses |
Nil |
|
|
Sub-total |
125,137 |
|
|
|
|
|
|
|
231.990.32 |
|
|
|
125,137 |
|
|
Total Losses |
357,127.32 |
|
|
|
|
|
|
|
|
Interest on 231,990.32 from 15.08.97 – 26.06.00 |
|
|
|
15.08.97-31.08.97 |
16 days @ 10.5% |
1,067.79 |
|
01.09.97-31.08.98 |
One year @10.0% |
23,199.03 |
|
01.09.98-29.02.00 |
547 days @ 9.5% |
33,028.43 |
|
29.02.00-26.06.00 |
118 days @ 10.0% |
7,499.96 |
|
|
Sub-total |
64,795.21 |
|
|
|
|
|
|
|
|
|
Interest on 77,883.00 from 01.07.98 – 26.06.00 |
|
|
|
01.07.98-31.08.98 |
62 days @ 10.0% |
1,322.95 |
|
01.09.98-29.02.00 |
547 days @ 9.5% |
11,088.20 |
|
29.02.00-26.06.00 |
118 days @ 10.0% |
2,517.86 |
|
|
Sub-total |
14,929.01 |
|
|
|
|
|
Interest on 47,254.00 from 01.07.99 to 26.06.00 |
|
|
|
01.07.99-29.02.00 |
244 days @ 9.5% |
3,000.95 |
|
29.02.00-26.06.00 |
118 days @ 10% |
1527.67 |
|
|
Sub-total |
4,528.62 |
|
|
Total losses plus interest |
$441,380.16 |