Roger Percival Flexman & Anor v Knox Street Apartments & Ors [2004] NSWSC 1154

New South Wales Supreme Court

CITATION : Roger Percival Flexman & Anor v Knox Street Apartments & Ors [2004] NSWSC 1154 HEARING DATE(S) : 22 November 2004 JUDGMENT DATE : 8 December 2004

JURISDICTION: Equity Division Commercial List JUDGMENT OF : Bergin J DECISION : Binding agreement reached to settle Second Cross-Claim

CATCHWORDS : [CONTRACT] - Condition precedent / contingency - time stipulated - whether failure to comply - whether parties reached a binding agreement to settle the second cross-claim Cleary v Masterton [1999] NSWSC 207 Digi-Tech (Australia) v Brand & 5 Ors; Digi-Tech (Australia) Ltd v Kelliher & 3 Ors; Kalifair Pty Ltd & 3 Ors v Digi-Tech (Australia) Ltd & 3 Ors; McLean Tecnic Pty Ltd & 1 Or v Digi-Tech (Australia) Ltd & 3 Ors [2004] NSWCA 58 Film Bars Pty Ltd v Pacific Film Laboratories Pty Ltd (1979) 1 BPR 9251 Geebung Investments Pty Ltd v Vargar Group Investments No. 8 Pty Limited (1995) 7 BPR 14,551 Locnere Pty Ltd v Jakk's Bagel & Bread Co Pty Ltd [2003] NSWSC 1123 CASES CITED : Love & Stewart Ltd v Instone & Co Ltd (1917) 33 TLR 475 McCann v By-Dezign Pty Ltd [2001] NSWSC 161 Masters v Cameron (1954) 91 CLR 353 Sinclair, Scott & Co Ltd v Naughton (1929) 43 CLR 310 Tricontinental Corp Ltd v HDFI Ltd (1990) 21 NSWLR 689 United Dominions Trust (Commerical) Ltd v Eagle Aircraft Services Ltd [1968] 1 WLR 74 Roger Percival Flexman (1st cross-claimant to the 4th cross-claim) Phillipa Margaret Flexman (2nd cross-claimants to the 4th cross-claim) Knox Street Apartments Pty Ltd (1st cross-defendants to the 4th cross-claim) PARTIES : Kimberley Securities Ltd (2nd cross-defendants to the 4th cross-claim) Jospeh Esber (3rd cross-defendant to the 4th cross-claim) Marcel Esber (4th cross-defendant to the 4th cross-claim)