NSW Caselaw
New South Wales Supreme Court
CITATION : Carydis v Merrag Pty Ltd [2007] NSWSC 1220
HEARING DATE(S) : 19 - 20 September 2007 JURISDICTION : Equity Division Expedition List
JUDGMENT OF : Brereton J
EX TEMPORE JUDGMENT DATE : 20 September 2007
DECISION : Decree of specific performance granted to purchaser subject to compensation to vendor.
CATCHWORDS : CONTRACTS – Conditional contracts – accord and satisfaction – whether formation or performance of contract conditional – Repudiation – Abandonment – Remedies – Specific Performance. - EQUITY – Equitable remedies – specific performance – whether purchaser ready, willing and able to complete – when readiness must be established – specific performance with compensation to defendant - where plaintiff has been in default of non-essential time condition – compensation allowed to vendor.
LEGISLATION CITED : (NSW) Conveyancing Act 1919, ss 52A, 66U (NSW) Conveyancing (Sale of Land) Regulation 2005
Commonwealth Refineries Ltd v Hollins [1956] VLR 169 Fitzgerald v Masters (1956) 95 CLR 420 CASES CITED : Mehmet v Benson (1965) 113 CLR 295 Osborn v McDermott [1998] 3 VR 1 Perri v Coolangatta Investments Pty Ltd (1982) 149 CLR 537 Sommers v Pearse (NSWCA, 16 December 1993, unreported, BC 9302367)
Spero Danis Carydis (first plaintiff) PARTIES : Helen Travassaros (second plaintiff) Merrag Pty Limited (defendant)
FILE NUMBER(S) : SC 3001/07
COUNSEL : Mr F Kunc v Mr C Bova (plaintiffs) Mr G Moore (defendant)
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