NSW Caselaw
New South Wales Supreme Court
CITATION : Castle Constructions Pty Ltd v Fekala Pty Ltd and Ors [2005] NSWSC 642
HEARING DATE(S) : 8th March 2005
JUDGMENT DATE : 5 July 2005
JURISDICTION : Equity Division
JUDGMENT OF : Palmer J
DECISION : Purchaser not entitled to damages for loss of profits; appeal dismissed.
CATCHWORDS : VENDOR AND PURCHASER - BREACH OF CONTRACT - DAMAGES - MITIGATION - CAUSATION - Purchaser did not wish to proceed with contract for sale of land because of commercial risks - purchaser rescinded for vendor's failure to complete in accordance with Notice to Complete - whether purchaser can recover as damages profits of the venture which it had decided it did not wish to undertake - relationship of causation of loss and mitigation of damages discussed.
Supreme Court Rules 1970 (NSW) - Pt 60 r.10. LEGISLATION CITED : Trade Practices Act 1974 (Cth) - s.52
- Burdis v Livsey [2002] 3 WLR 762 - Koch Marine Inc v D'Amica Societa di Navigazione ARL (the "Elena d'Amico") [1980] 1 Lloyd's Rep 75 CASES CITED : - Nimmo v Habton Farms [2003] 1 All ER 1136 - McGregor on Damages (17th Ed) para.7-002
- Castle Constructions Pty Ltd - Appellant PARTIES : - Fekala Pty Ltd, Jennifer Gai Davies & Ian Leslie Coulburt, Ronald Reginald Fitzgerald & Dalice Monica Fitzgerald, Dorothy Winifred Michalk, Raymond Thompson & Moorean Thompson, Franziska Antonia Mandl, Jennifer Gai Davies, ERMA Pty Ltd, William Murphy, Cecilia Wolifson, Winston Park Pty Ltd, C. & L. Cameron Pty Ltd, Duncan Ferguson Grierson & Patricia Dawn Grierson, Earle Richard Wolstenholme & Janice Ann Wolstenholme, Elsa May Monsour, Dianne Dickson, Meridian Holdings Pty Ltd, Valda Joan Goldie, Francesco Carmelo Vumbaca & Coral Agnes Vumbaca, Russell Bruce Wood, Roy Anthony Neale & Gloria Neale, Max Fischer, Peggy Marriott & Ronald David Marriott, Alexander Michard & Irene Michard, Monsour Enterprises Pty Ltd, Francesco Carmelo Vumbaca & Coral Agnes Vumbaca, Jennifer Nora Jeffery:- Respondents
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