Ian Clive Simpson v B.J. Metro Pty Limited [2007] NSWSC 1403

New South Wales Supreme Court

CITATION : Ian Clive Simpson v B.J. Metro Pty Limited [2007] NSWSC 1403

HEARING DATE(S) : 27 November 2007 JUDGMENT OF : Hammerschlag J

EX TEMPORE JUDGMENT DATE : 27 November 2007

DECISION : Proceedings against third defendant and sixth defendant dismissed. Plaintiff to pay the costs of the motion, otherwise no orders as to costs.

CATCHWORDS : CONTRACT – Whether "Heads of Agreement" for settlement of proceedings binding – Intention of parties where fuller further Deed of Settlement contemplated – Terms and language of agreement indicate intention immediately to be bound

Masters v Cameron (1954) 91 CLR 353 G R Securities Pty Limited v Baulkham Hills Private Hospital Pty Limited (1986) 40 NSWLR 631 Helmos Enterprises Pty Limited v Jaylor Pty Limited (2005) 12 BPR 23,021 CASES CITED : Howard Smith & Co Limited v Varawa (1907) 5 CLR 68 Brambles Holdings Limited v Bathurst City Council (2001) 53 NSWLR 153 Australian Broadcasting Corporation v XIVth Commonwealth Games Limited (1988) 18 NSWLR 540 L M I Australasia Pty Limited v Baulderstone Hornibrook Pty Limited [2001] NSWSC 886 Ryan (Receiver & Manager of Homfray Carpets Australia Pty Ltd) v Textile Clothing & Footwear Union Australia [1996] 2 VR 235

PARTIES : Ian Clive Simpson B.J. Metro Pty Limited (ACN 082 945 113)

FILE NUMBER(S) : SC 50170/2007

T.J. Morahan (Plaintiff) COUNSEL : J.J. Loofs (Third Defendant / Applicant) A. Black (Sixth Defendant / Applicant)

John Spence & Associates (Plaintiff) SOLICITORS : Massey Bailey (Third Defendant / Applicant) Wotton Kearney Insurance Lawyers (Sixth Defendant / Applicant)