Asia Television Ltd v Yau's Entertainment Pty Ltd [2003] FCA 720

FEDERAL COURT OF AUSTRALIA

Asia Television Ltd v Yau's Entertainment Pty Ltd [2003] FCA 720 DAMAGES – whether damages recoverable by licensee in respect of extended licence period where failure to exercise option to extend – where licensor had previously repudiated licence but repudiation not accepted – whether terms of renewal uncertain DAMAGES – wrongful repudiation of a licence – whether loss to be calculated on basis of continuing renewals of licence CONTRACT – option to renew licence – whether party excused from exercise of option where other party repudiated licence but repudiation not accepted – whether terms of renewal uncertain – waiver – whether term operates for the benefit of one party– construction of term Bedroff Pty Ltd v Rennie [2002] NSWSC 928 cited Booker Industries Pty Ltd v Wilson Parking (Qld) Pty Ltd (1982) 149 CLR 600 cited CFA Group Services Pty Ltd v Mars Trading Pty Ltd [2001] NSWSC 112 (Rolfe J, 8 March 2001), unreported cited Commonwealth v Amann Aviation Pty Ltd (1991) 174 CLR 64 distinguished Foran v Wight (1989) 168 CLR 385 cited Mahoney v Lindsay (1981) 55 ALJR 118, (1980) 33 ALR 601 applied Masters v Cameron (1954) 91 CLR 353 cited Peter Turnbull & Co Pty Ltd v Mundus Trading Co (Australasia) Pty Ltd (1954) 90 CLR 235 cited Randazzo v Goulding (1968) Qd R 433 cited Stocks & Holdings (Constructors) Pty Ltd v Arrowsmith (1964) 112 CLR 646 cited ASIA TELEVISION LIMITED and ATV ENTERPRISES LIMITED v YAU'S ENTERTAINMENT PTY LIMITED, AND YAU'S ENTERTAINMENT PTY LIMITED and ASIA TELEVISION LIMITED, ATV ENTERPRISES LIMITED N 343 OF 1999 GYLES J SYDNEY 15 JULY 2003

IN THE FEDERAL COURT OF AUSTRALIA

NEW SOUTH WALES DISTRICT REGISTRY N 343 OF 1999

BETWEEN: ASIA TELEVISION LIMITED

FIRST APPLICANT

ATV ENTERPRISES LIMITED