NSW Caselaw
New South Wales Supreme Court
CITATION : Club of the Clubs Pty Limited v King Network Group Pty Limited [2006] NSWSC 1138
HEARING DATE(S) : 13, 14, 15, 19, 20, 21 and 22 June 2006. Final written submissions 31 July 2006.
JUDGMENT DATE : 9 November 2006
JUDGMENT OF : Bergin J
DECISION : First plaintiff entitled to declarations in respect of breaches of fiduciary duty and breaches of contract. First defendant entitled to an order in respect of its Cross-Claim.
CATCHWORDS : [CONTRACT] - whether certain resolutions were "in relation to matters listed in clause 13.2" of the Joint Venture Agreement - whether contract purportedly made pursuant to those resolutions valid and/or binding. - [FRAUD ON THE POWER] - whether doctrine applicable - whether principles in Gambotto v WCP Limited applicable. - [FIDUCIARY DUTY] - ambit of fiduciary duties of joint venturers - numerous agreements - lack of precision in authorisation of one joint venturer to sell the Land, the subject of proposed development - whether breach of fiduciary duty - whether accessorial liability for breach of fiduciary duty. - [CONTRACT] - whether breaches of contract - selling Land at an undervalue - whether breaches induced by other parties.
Arakella Pty Ltd v Paton (2004) 60 NSWLR 334 Barlow Clowes International Ltd (in liq) v Eurotrust International Ltd [2006] 1 All ER 333 Beswick v Beswick [1968] AC 58 Birtchnell v Equity Trustees Executors & Agency Co Ltd (1929) 42 CLR 384 Cachia v Westpac Financial Services Ltd (2000) 170 ALR 65 Consul Development Pty Ltd v DPC Estates Pty Ltd (1975) 132 CLR 373 DC Thomson & Co Ltd v Deakin [1952] Ch 646 Fightvision Pty Ltd v Onisforou (1999) 47 NSWLR 473 Fraser Edmiston Pty Ltd v AGT (Qld) Pty Ltd [1988] 2 Qd R 1 Gambotto v WCP Limited (1995) 182 CLR 432 Jones v Dunkel (1959) 101 CLR 298 CASES CITED : McCann v Switzerland Insurance Australia Limited (2000) 203 CLR 579 News Ltd v Australian Rugby Football League Ltd (1996) 64 FCR 410 Noranda Australia Ltd v Lachlan Resources NL (1988) 14 NSWLR 1 O'Sullivan v Management Agency and Music Ltd [1985] QB 428 Peters' American Delicacy Co v Heath (1939) 61 CLR 457 Royal Brunei Airlines Sdn Bhd v Tan Kok Ming [1995] 2 AC 378 Say-Dee Pty Ltd v Farah Constructions Pty Ltd [2005] NSWCA 309 Twinsectra Ltd v Yardley [2002] 2 AC 164 United Dominions Corp Ltd v Brian Pty Ltd (1985) 157 CLR 1 Warman International Ltd v Dwyer (1995) 182 CLR 544 Williamson v Hine [1891] 1 Ch 390 Yeshiva Properties No 1 Pty Ltd v Marshall (2005) 219 ALR 112
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