Leads Plus Pty Ltd v Kowho Intercontinental Pty Ltd [2000] NSWSC 459

Reported Decision : (2000) 10 BPR 18,085 [2001] ANZ ConvR 573

New South Wales Supreme Court

CITATION : Leads Plus Pty Ltd v Kowho Intercontinental Pty Ltd [2000] NSWSC 459 CURRENT JURISDICTION: Equity Division FILE NUMBER(S) : SC 2420/2000 HEARING DATE(S) : 18/05/2000 JUDGMENT DATE : 18 May 2000

PARTIES : Leads Plus Pty Limited (P) Kowho Intercontinental Pty Limited (D) JUDGMENT OF : Young J

COUNSEL : M Cashion SC (P) J B Whittle SC and D Burwood (D) SOLICITORS : Henry Davis York (P) Truman Hoyle (D) CATCHWORDS : EQUITY [87]- Relief against forfeiture- Option- Not exercised in due time- Power to grant relief against forfeiture, but only in exceptional cases- No arguable case that present matter exceptional. - LANDLORD & TENANT [41] Relief against forfeiture- Option to renew- Not exercised in due time- Extent to which relief available. Bragg v Alam [1981] 1 NSWLR 668 CASES CITED : Harries v Bryant (1827) 4 Russ 89; 38 ER 738 Hillier v Goodfellow (1988) V Conv R 54-310 Legione v Hateley (1983) 152 CLR 406 DECISION : Interlocutory injunction refused.

THE SUPREME COURT OF NEW SOUTH WALES EQUITY DIVISION YOUNG J THURSDAY 18 MAY 2000

2420/00 - LEADS PLUS PTY LIMITED V KOWHO INTERCONTINENTAL PTY LIMITED

JUDGMENT

1 HIS HONOUR: This is an application for an interim injunction by a tenant against the landlord in respect of the tenant's failure properly to exercise an option for a renewed lease over premises in Harris Street, Ultimo. 2 The parties entered into a lease of the subject premises for three years terminating on 13 May 2000. Clause 17.1 of the lease was as follows: "If the Lessee desires to take a renewed Lease of the Demised Premises for the further Term...from the expiration of the Term and: