Cacace v Bayside Operations Pty Ltd [2006] NSWSC 572

New South Wales Supreme Court

CITATION : Cacace v Bayside Operations Pty Ltd [2006] NSWSC 572

HEARING DATE(S) : 7 June 2006 JURISDICTION : Equity Division

JUDGMENT OF : Brereton J

EX TEMPORE JUDGMENT DATE : 06/07/2006

DECISION : DECISION: Cross-claim for specific performance of heads of agreement signed at conclusion of mediation dismissed with costs. Directions for further conduct of substantive proceedings.

CATCHWORDS : CONTRACTS – GENERAL CONTRACTUAL PRINCIPLES – Compromise - Intention to enter contractual relations – preliminary agreements – Masters v Cameron – where lawyers for parties sign heads of agreement at conclusion of mediation contemplating exchange of further formal agreement – relevance of context and oral basis of heads of agreement – relevance of subsequent conduct – Discharge and breach – repudiation – election to accept repudiation – election by conduct consistent only with termination – INJUNCTIONS – Interlocutory injunctions - variation.

LEGISLATION CITED : Retail Leases Act, s 68

Brambles Holdings Limited v Bathurst City Council (2001) 53 NSWLR 153 Branir v Owston Nominees (No2) Pty Limited (2001) 117 FCR 424 Brunninghausen v Glavanics (1999) 26 NSWLR 538 Elders Rural Finance v Westpac (NSWSC, 24 May 1989 unreported) G R Securities Pty Limited v Baulkham Hills Private Hospital Pty Limited (1986) 40 NSWLR 622 CASES CITED : G R Securities Pty Limited v Baulkham Hills Private Hospital Pty Limited (1986) 40 NSWLR 631 Glandon Pty Ltd v Strata Consolidated Pty Ltd (1992) 11 ACSR 543 Harrison Partners Constructions Pty Limited v Jevena Pty Limited [2005] NSWSC 1225 Holland v Wiltshire (1954) 90 CLR 409 (Dixon CJ) Masters v Cameron (1954) 91 CLR 353 Sinclair, Scott & Co v Naughton (1929) 43 CLR 310