Corsecure Pty Limited & Anor v Kaldor & Ors [2003] NSWSC 91

New South Wales Supreme Court

CITATION : Corsecure Pty Limited & Anor v Kaldor & Ors [2003] NSWSC 91 revised - 05/03/2003 HEARING DATE(S) : 25 November-2 December 2002 JUDGMENT DATE : 28 February 2003

JURISDICTION: Equity Division Commercial List JUDGMENT OF : McClellan J DECISION : Summons dismissed

CATCHWORDS : CONTRACT - agreements - whether binding agreement existed - alleged agreement for formation of a new company to take over distributorship of computer security product from defendant company - whether binding agreement made at meeting between parties - claim for damages and equitable relief - whether defendants estopped from resiling from alleged agreement - whether exemplary damages available LEGISLATION CITED : Corporations Act Brambles Holdings Ltd v Bathurst City Council (2001) 53 NSWLR 153 Barnes v Addy (1874) 9 Ch App 244 Digital Pulse v Harris & Ors (2002) NSWSC 33 CASES CITED : Harris v Digital Pulse Pty Ltd [2003] NSWCA 10 Lamb v Cotogno (1987) 164 CLR 1 Uren v John Fairfax & Sons Pty Limited (1986) 117 CLR 118 Walker v Wimborne (1976) 13 CLR 1 XL Petroleum (NSW) Pty Limited v Caltex Oil (Australia) Pty Limited [1985] 155 CLR 488 Corsecure Pty Limited (1st Pltf) Geoffrey Higgins (2nd Pltf) PARTIES : Martin Kaldor (1st Def) Christo Simeonoff (2nd Def) Blue Sky Industries Pty Limited (3rd Def) FILE NUMBER(S) : SC 50129/01 COUNSEL : R G Forster SC/S L Bell (Pltfs) K P Smark (Defs) SOLICITORS : Verekers (Pltfs) Ferrier & Associates (Defs)