Russo v Resource Developments International Pty Ltd [2003] NSWSC 239

New South Wales Supreme Court

CITATION : Russo v Resource Developments International Pty Ltd [2003] NSWSC 239 HEARING DATE(S) : 04/11/02; 05/11/02; 06/11/02; 07/11/02; 08/11/02; 11/11/02; 12/11/02; 13/11/02; 19/12/02 JUDGMENT DATE : 2 April 2003 JURISDICTION: Equity Division JUDGMENT OF : Young CJ in Eq DECISION : All claims dismissed other than part of plaintiff's claim in 1947/02. Short minutes of orders to be brought in.

CATCHWORDS : Contracts [15]- Illusory contracts- Contract subject to approval of party's own board. Contracts [105]- Entire agreement clause- Significance. Blacker v National Australia Bank Ltd (2001) 23 ATPR 41-817 Brambles Holdings Ltd v Bathurst City Council (2001) 53 NSWLR 153 Buhrer v Tweedie [1973] 1 NZLR 517 Corpers (No 664) Pty Ltd v NZI Securities Australia Ltd (1989) NSW Conv R 55-475 Ex parte Bishop (1880) 15 Ch D 400 Graham Barclay Oysters Pty Ltd v Ryan (2002) 77 ALJR 183 Greene v West Cheshire Railway Co (1871) LR 13 Eq 44 Hart v MacDonald (1910) 10 CLR 417 CASES CITED : Hope v RCA Photophone of Australia Pty Ltd (1937) 59 CLR 348 Macquarie Generation v C & A Resources Ltd [2001] NSWSC 1040 Marston v Charles H Griffith & Co Pty Ltd (1985) 3 NSWLR 294 Mulvay v Henry Berry & Co Pty Ltd (1938) 38 SR (NSW) 389 NT Power Generation Pty Ltd v Power & Water Authority (2001) 184 ALR 481 Parkdale Custom Built Furniture Pty Ltd v Puxu Pty Ltd (1982) 149 CLR 191 Steele v Tardiani (1946) 72 CLR 386 Sutton v AJ Thompson Pty Ltd (1987) 73 ALR 233 1947/02 Vincenzo Russo (P1) Merkado Pty Limited (P2) Resource Developments International Pty Limited (D1) Premier Resources Limited (D2) Hy-Tec Industries Pty Limited (D3) Iyad Rafidi (D4) PARTIES : Placido Costa (D5) 2603/02 Marcello Russo (P1) Merkado Pty Limited (P2) Resource Developments International Pty Limited (D1) Premier Resources Limited (D2) Hy-Tec Industries Pty Limited (D3) Iyad Rafidi (D4) Placido Costa (D5) FILE NUMBER(S) : SC 1947/02; 2603/02 1947/02 F G Lever SC (P) 2603/02 I W Raine (P) COUNSEL : B W Rayment QC and P Conway (D1 & 4) R Kaye (D2 & 3) R Seton SC and J M Hennessy (D5) 1947/02 Bartier Perry (P) 2603/02 Russell Debney (P) SOLICITORS : Oliveri Attorneys (D1 & 4) Mallesons Stephen Jaques (D2 & 3) PricewaterhouseCoopers Legal (D5)