MK and JA Roche Pty Limited & Ors v Metro Edgley Pty Limited & Anor [2004] NSWSC 744

New South Wales Supreme Court

CITATION : MK and JA Roche Pty Limited & Ors v Metro Edgley Pty Limited & Anor [2004] NSWSC 744 revised - 27/08/2004 HEARING DATE(S) : 9/08/04, 10/08/04, 11/08/04, 12/08/04 JUDGMENT DATE : 18 August 2004

JURISDICTION: Equity Division Commercial List JUDGMENT OF : Einstein J DECISION : Parties to bring in short minutes of order.

CATCHWORDS : Contract - Construction - Proper construction of automatic rescission clause in Contract - Avoidance/Affirmation of Contract - Notification of avoidance of Contract - Waiver of rights to avoid Contract - Notification of extension of time for satisfaction of conditions precedent to Contract LEGISLATION CITED : Crown Lands Act 1989 (NSW) Borda v Burgess [2003] NSWSC 1171 Gange v Sullivan (1966) 116 CLR 418 New Zealand Shipping Co Ltd v Societe` des Ateliers et Chantiers de France [1919] AC 1 CASES CITED : Rudi's Enterprises Pty Ltd v Jay (1987) 10 NSWLR 568 Sargent v ASL Developments Limited [1974] 131 CLR 634 Sandra Investments Pty Ltd v Booth (1983) 153 CLR 153 Suttor v Gundowda (1950) 81 CLR 418 Tri-Continental Corporation Limited v HDFI Limited (1990) 21 NSWLR 689 MK & JA Roche Pty Limited (ABN 25 076 529 952) (First Plaintiff) PARTIES : Michael Kevin Roche, Christopher John Roche, William Timothy Roche, Kevin Michael Roche, Gabrielle Mary Roche (Second Plaintiff) Metro Edgley Pty Limited (ABN 37 082 440 042) (First Defendant) Multiplex Limited (formerly Multiplex Constructions Pty Limited (ACN 008 687 063) (Second Defendant) FILE NUMBER(S) : SC 50069/04 COUNSEL : Mr DJ Hammerschlag SC, Mr VF Kerr (Plaintiffs) Mr CR Newlinds SC, Ms RS Francois (Defendants) SOLICITORS : Lane & Lane (Plaintiffs) Clayton Utz (Defendants)