Lees v Kennerley [2020] NSWSC 630

Supreme Court New South Wales

Medium Neutral Citation: Lees v Kennerley [2020] NSWSC 630 Hearing dates: 23 & 24 April, 20 May, 19 July 2019 Date of orders: 29 May 2020 Decision date: 29 May 2020 Jurisdiction: Equity Before: Slattery J Decision: Parties are directed to bring in short minutes of order, to give effect to these reasons. See paragraph [216]. Catchwords: CONTRACT – option agreement and collateral deed created to settle a dispute over semi-rural property held by two tenants in common – obligations under the option agreement supported by a mortgage – plaintiff claims defendant's breaches of the mortgage accelerate her rights to exercise a put option granted under the option deed – whether the defendant is in breach either of the option agreement or the mortgage – whether the plaintiff is entitled to exercise the put option under the option deed. Legislation Cited: Environmental Planning and Assessment Act, 1979, s 76A(1)(a) State Environmental Planning Policy (Exempt and Complying Development Codes) 2008, cll 2.29 and 2.30 Cases Cited: Arcos Ltd v EA Ronaasen and Son (1933) AC 470 Drama Unit Pty Ltd v Fearndale Holdings Pty Ltd [2018] NSWSC 1895 Electricity Generation Corp v Woodside Energy Ltd; Woodside Energy Ltd v Electricity Generation Corp (2014) 251 CLR 640 Horowitz Holdings Pty Ltd v Plastic Reclaimers (Australia) Pty Limited (1981) 2 BPR 9,492 Margaronis Navigation Agency Ltd v Henry W Peabody & Co of London Ltd (1965) 2 QB 430 Mount Bruce Mining Pty Ltd v Wright Prospecting Pty Ltd (2015) 256 CLR 104 Roumelli Food Stores (NSW) Pty Ltd v New India Assurance Co Limited [1972] 1 NSWLR 227 Category: Principal judgment Parties: Plaintiff: Belinda Lees Defendant: Gillian Kennerley Representation: Counsel: Plaintiff: R.P.V. Carey Defendant: S.P. Brennan