NSW Caselaw
New South Wales Court of Appeal
CITATION : ABERDEEN ASSET MANAGEMENT LTD v CHALLENGER WEALTHLINK MANAGEMENT LTD & ORS [2002] NSWCA 245 FILE NUMBER(S) : CA 40983/01 HEARING DATE(S) : 15 July 2002 16 July 2002 JUDGMENT DATE : 29 July 2002
Aberdeen Asset Manaagement Ltd - Appellant PARTIES : Challenger Wealthlink Management Ltd - First Respondent Challenger Life Limited - Second Respondent Challenger International Limited - Third Respondent JUDGMENT OF : Mason P at 1; Sheller JA at 2; Heydon JA at 39
LOWER COURT JURISDICTION : Supreme Court - Equity Division LOWER COURT 50132/99 FILE NUMBER(S) : LOWER COURT Foster AJ JUDICIAL OFFICER :
COUNSEL : A J Myers QC/T D Castle - Appellant B W Walker SC/I M Jackman - Respondents SOLICITORS : Atanaskovic Hartnell - Appellant Mallesons Stephen Jaques - Respondents CATCHWORDS : INTERPRETATION - construction of clause in agreement - share placements - "opportunity to participate" - "same or equivalent terms and conditions" - industry practice - breach of clause - nominal damages LEGISLATION CITED : N/A Codelfa Construction Pty Ltd v State Rail Authority of NSW (1982) 149 CLR 337 CASES CITED: Prenn v Simmonds [1971] 1 WLR 1381 River Wear Commissioners v Adamson (1877) App Cas 743 DECISION : Appeal dismissed with costs
IN THE SUPREME COURT OF NEW SOUTH WALES COURT OF APPEAL CA 40983/01 ED 50132/99
MASON P SHELLER JA HEYDON JA
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