NSW Caselaw
Supreme Court New South Wales
Medium Neutral Citation: Altis PropCo2 Pty Ltd v Majors Bay Development Pty Ltd [2022] NSWSC 403 Hearing dates: 14 to 16 and 18 March 2022 Decision date: 08 April 2022 Jurisdiction: Equity - Commercial List Before: Ball J Decision: (1) Orders in terms of paragraphs 1 to 2B of the Amended Summons dated 14 March 2022; (2) Judgment for the plaintiff against the defendant in the sum of $235,723.56; (3) Order that the defendant pay the plaintiff's costs. Catchwords: CONTRACTS — Construction — Interpretation — Contract for sale of land — Meaning of "best endeavours" — Whether the parties' right to rescind was inter-dependent on the plaintiff's obligation to use best endeavours to obtain finance from the bank — Whether plaintiff used best endeavours and validly rescinded the contract Legislation Cited: Biosecurity (Human Biosecurity Emergency) (Human Coronavirus with Pandemic Potential) (Overseas Travel Ban Emergency Requirements) Determination 2020 (Cth) Civil Procedure Act 2005 (NSW) Evidence Act 1995 (NSW) Public Health (Covid-19 Restrictions on Gathering and Movement) Order 2020 (NSW) Cases Cited: Aalders v PA Putney Finance Australia Pty Ltd (formerly Anzax Finance Australia Pty Ltd) and ors [2011] NSWSC 756 Alghussein Establishment v Eton College [1991] 1 All ER 267 Bloch v Bloch (1981) 180 CLR 390 Briginshaw v Briginshaw (1938) 60 CLR 336 Foster v Hall [2012] NSWCA 122 Hawkins v Pender Bros Pty Ltd [1990] 1 Qd R 135 Hillam v Iacullo [2015] NSWCA 196 Hospital Products Ltd v United States Surgical Corporation (1984) 156 CLR 41 Ruthol Pty Ltd v Tricon (Australia) Pty Ltd [2005] NSWCA 443; (2005) 12 BPR 23,923 Sheffield District Railway Co v Great Central Railway Co (1911) 27 TLR 451 Sydney Attractions Group Pty Ltd v Frederick Schulman [2013] NSWSC 858 Terrell v Mabie Todd & Co Ltd (1952) 69 RPC 234 Tito v Waddell (No 2) [1977] Ch 106; 3 All ER 129 Transfield Pty Ltd v Arlo International Ltd (1980) 144 CLR 83 Category: Principal judgment Parties: Altis PropCo 2 Pty Ltd (Plaintiff) Majors Bay Development Pty Ltd (Defendant) Representation: Counsel: JAC Potts SC with N Laing (Plaintiff) JS Emmett SC with MT Fernandes (Defendant)
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