WESTPAC BANKING CORPORATION v KUROBE HOLDINGS PTY LIMITED & KAROVEL NOMINEES PTY LTD [2010] NSWSC 537

New South Wales Supreme Court

CITATION : WESTPAC BANKING CORPORATION v KUROBE HOLDINGS PTY LIMITED & KAROVEL NOMINEES PTY LTD [2010] NSWSC 537

HEARING DATE(S) : 17, 18 May 2010

JUDGMENT DATE : 19 May 2010

JURISDICTION : Equity

JUDGMENT OF : Pembroke J

EX TEMPORE JUDGMENT DATE : 19 May 2010

DECISION : See paragraph 56 of Judgment

CATCHWORDS : LEASE - construction - exercise of option - validity - service on lessor's agent - nomination of lessee's agent - condition precedent - ESTOPPEL - equitable estoppel established - silence - causation and inducement - intention

CATEGORY : Principal judgment

Ballas v Theophilos (No 2) (1957) 88 CLR 193 Bowes v Chaleyer (1923) 32 CLR 159 at 178-9 Carter v Hyde (1923) 33 CLR 115 Central London Property Trust v High Trees House Ltd [1947] KB 132 FAI General Insurance Company Ltd v Parras (2002) 55 NSWLR 498 Gollin & Company Ltd v Karenlee Nominees Pty Ltd & Anor (1983) 153 CLR 455 Grundt v Great Boulder Gold Mines Ltd (1937) 59 CLR 641 Mannai Investment Co Limited v Eaglestar Insurance Co Limited (1997) AC 749 CASES CITED : Mineaplenty Pty Limited v Trek 31 Pty Limited [2006] NSWSC 1203 Moratic Pty Ltd v Laurence James Gordon & Anor [2007] NSWSC 5 Quadling v Robinson (1976) 137 CLR 192 Riltang Pty Ltd v L Pty Ltd [2002] NSWSC 625 Tew v Harris (1847) 11 QB 7 Thomas v Fredricks (1847) 10 QB 775 Tradex Export SA v Volkswagenwerk AG [1970] 1 QB 537 Townsend Carriers Ltd v Pfizer Ltd (1979) 33 P & CR 361 Waltons Stores (Interstate) Limited v Maher (1988) 164 CLR 387 at 423 Young v Lamb [2001] NSWCA 225