Forrest v Appleyard & 2 ors [2006] NSWSC 281

New South Wales Supreme Court

CITATION : Forrest v Appleyard & 2 ors [2006] NSWSC 281

HEARING DATE(S) : 16 & 17 February 2006

JUDGMENT DATE : 13 April 2006

JUDGMENT OF : Brereton J

DECISION : Declarations that there is a binding and enforceable agreement which ought to be specifically performed; valuation referred to a referee [see paragraphs 121 - 123].

CATCHWORDS : CONTRACTS – where shareholders' agreement governs retirement of a participant from practice – where supervening oral agreement for retirement – interrelationship of agreements – uncertainty and incompleteness – construction – specific performance.

LEGISLATION CITED : Uniform Civil Procedure Rules 2005 (NSW), r 20.14

Amalgamated Investment & Property Co Limited v Texas Commerce International Bank Limited (in liq) [1982] QB 84 Biotechnology Australia Pty Limited v Pace (1988) 15 NSWLR 130 Grundt v Great Boulder Proprietary Gold Mines Limited (1937) 59 CLR 641 CASES CITED : Hillas & Co Limited v Arcos Limited (1932) 147 LT 503 Kardos v Sarbutt [2006] NSWCA 11 MK & JA Roche Pty Limited v Metro Edgley Pty Limited [2005] NSWCA 39 Scammell (G) & Nephew Limited v Ouston [1941] AC 251 Upper Hunter County District Council v Australian Chilling and Freezing Co Limited (1968) 118 CLR 429

John James Forrest (plaintiff) PARTIES : Leigh Davern Appleyard (first defendant) Geoffrey Martin Pryke (second defendant) Bruce Anthony Kenny (third defendant)

FILE NUMBER(S) : SC 4583/03

Mr M W Young w Mr J L Doyle (plaintiff) COUNSEL : Mr K P Smark (first & third defendants) Mr E G H Cox (second defendant)