Drem Pty Limited v LRL (AUST) Pty Ltd [2024] NSWSC 1422

Supreme Court New South Wales

Medium Neutral Citation: Drem Pty Limited v LRL (AUST) Pty Ltd [2024] NSWSC 1422 Hearing dates: 24 October 2024 Date of orders: 08 November 2024 Decision date: 08 November 2024 Jurisdiction: Common Law Before: Hmelnitsky J Decision: See [76] Catchwords: CONTRACTS – Construction – Interpretation – Where one party assumed royalty obligations under a historical deed – Where royalty obligations calculated by reference to defendant's proportionate share or interest in mining tenements as varied from time to time Legislation Cited: Mining Act 1978 (WA) Cases Cited: Cherry v Steele-Park (2017) 96 NSWLR 548; [2017] NSWCA 295 Codelfa Construction Pty Ltd v State Rail Authority of NSW (1982) 149 CLR 337; [1982] HCA 24 Mount Bruce Mining Pty Ltd v Wright Prospecting Pty Ltd (2015) 256 CLR 104; [2015] HCA 37 Reardon Smith Line Ltd v Yngvar Hansen-Tangen [1976] 1 WLR 989 Royal Botanic Gardens and Domain Trust v South Sydney City Council (2002) 240 CLR 45; [2002] HCA 5 Southgate v Waterford (1990) 21 NSWLR 427 Technomin Australia Pty Ltd v Xstrata Nickel Australasia Operations Pty Ltd (2014) 48 WAR 261; [2014] WASCA 164 Wilkie v Gordon Runoff Ltd (2005) 221 CLR 522; [2005] HCA 17 Zhang v BM Sydney Building Materials Pty Ltd [2016] NSWCA 166 Category: Principal judgment Parties: Drem Pty Limited (Plaintiff) LRL (AUST) Pty Ltd (Defendant) Representation: Counsel: J M Ireland KC (Plaintiff) S Free SC/O Jones (Defendant)