Le Serve v Great Wall Resources Pty Ltd [2010] NSWSC 1213

New South Wales Supreme Court

CITATION : Le Serve v Great Wall Resources Pty Ltd [2010] NSWSC 1213

HEARING DATE(S) : 20 and 21 October 2010

JUDGMENT DATE : 26 October 2010

JURISDICTION : Equity Division

JUDGMENT OF : Hamilton AJ

DECISION : Contract rectified and specific performance granted.

CATCHWORDS : EQUITY [397] – Equitable remedies – Specific performance – The jurisdiction in general – General principles – Enforcement by purchaser

CATEGORY : Principal judgment

AW and LM Forrest Pty Ltd v Beamish (27 August 1998, unreported) Dew v Richardson (Supreme Court of Queensland, Chesterman J, 18 August 1999 unreported) CASES CITED : Equuscorp Pty Ltd v Wilmoth Field Warne (No 3) [2004] VSC 164 Griffiths v Evans [1953] 1 WLR 1424 O'Sullivan v Great Wall Resources Pty Ltd [2006] NSWSC 1268

First Plaintiff - Michel Joseph Le Serve PARTIES : Second Plaintiff - Christina Le Serve Defendant - Great Wall Resources Pty Ltd

FILE NUMBER(S) : SC 2008/277902

COUNSEL : Plaintiffs – Mr G McGrath Defendant – Mr J O'Sullivan

SOLICITORS : Plaintiffs – Ryan Grove of RMB Lawyers, Wollongong Defendant – Renata Matyear Autore & Anthony Autore of Autore & Associates Solicitors, Wollongong

- 7 - IN THE SUPREME COURT OF NEW SOUTH WALES EQUITY DIVISION

HAMILTON AJ

TUESDAY 26 OCTOBER 2010

2008/277902 Michael Joseph Le Serve and Christina Le Serve v Great Wall Resources Pty Ltd JUDGMENT 1 HIS HONOUR: This is a suit for specific performance of a contract for the sale of land ("the contract"), being a contract by which the defendant sold to the plaintiffs Lot 111 Yallah Rd, Yallah ("Lot 111"). The contract bears date 23 January 2003 and on the front page there is specified: " Price $325,000.00 Deposit $32,500.00 Balance $292,500.00 "