In the matter of Oliver Brown Pty Ltd (No 2) [2012] NSWSC 1222

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Oliver Brown Pty Ltd (No 2) [2012] NSWSC 1222 Hearing dates: 17 and 19 September 2012 Decision date: 11 October 2012 Jurisdiction: Equity Division - Corporations List Before: Black J Decision: Interlocutory Process dismissed. Parties to be heard as to costs. Catchwords: REAL PROPERTY - Lease - Sub-lease - Application for orders for the vesting of property rights in certain retail premises - Oral agreement - Complete and enforceable lease agreement - Whether certainty of essential terms, parties, the identity of the leased premises, the commencement and duration, and the rent to be paid has been established by the evidence - Whether oral agreement established - Whether agreement is established by an admission in the pleadings - Whether agreement could be implied from the parties' conduct. Legislation Cited: - Australian Securities and Investments Commission Act 2001 (Cth) s 13 - Civil Procedure Act 2005 (NSW) s 56 - Conveyancing Act 1919 (Cth) ss 54A, 122, 129, 130 - Corporations Act 2001 (Cth) ss 233, 440B, 440B(2), 443B, 443B(2), 443B(3), 568, 568F - Criminal Code (Cth) - Real Property Act 1900 (NSW) - Supreme Court (Corporations) Rules 1999 (NSW) r 2.2 Cases Cited: - 195 Crown Street Pty Ltd v Hoare [1969] 1 NSWR 193 - Cihan v Oncu [2004] NSWSC 328 - Ciavarella v Polimeni [2008] NSWSC 234 - Competitive Funerals Pty Ltd v Gurmit Sing Rai t/as Blacktown City Funerals [2005] NSWSC 1171 - Crosswell v Meriton Pty Ltd (1993) 2 Tas R 472 - Elias v George Sahely & Co (Barbados) Ltd [1983] 1 AC 646 - Empirnall Holdings Pty Ltd v Machon Paull Partners Pty Ltd (1988) 14 NSWLR 523 - Fleeton v Fitzgerald (1998) 9 BPR [16,715] - Great Western Railway Co v Smith (1876) 2 Ch D 235 - Harvey v Edwards, Dunlop & Co Ltd [1927] HCA 13; (1927) 39 CLR 302 - Integrated Computer Services Pty Ltd v Digital Equipment Corp (Aust) Pty Ltd (1988) 5 BPR 11,110 - JC Williamson Ltd v Lukey (1931) 45 CLR 282 - Khoury v Khouri [2006] NSWCA 184; (2006) 66 NSWLR 241 - Konica Business Machines Australia Pty Ltd v Tizine Pty Ltd (1992) 26 NSWLR 687 - Melacare International Ltd (in rec) v Daley Investments Pty Ltd [1999] NSWSC 496 - Molit (No 55) Pty Ltd v Lam Soon Australia Pty Ltd (1996) 63 FCR 391; 135 ALR 280 - Ormwave Pty Ltd v Smith [2007] NSWCA 210 - Pang v Bydand Holdings Pty Ltd [2010] NSWCA 175 - Pennell v Payne [1995] QB 192 - Pirie v Saunders [1961] HCA 4; (1961) 104 CLR 149 - Plummer and John v David [1920] 1 KB 326 - Progressive Mailing House Pty Ltd v Tabali Pty Ltd [1985] HCA 14; (1985) 157 CLR 17 - Re Byrne; Ex parte Norco Co-Operative Ltd (1986) 15 FCR 255 - Re Teller Home Furnishers Pty Ltd (in liq) [1967] VR 313 - Regent v Millett [1976] HCA 40; (1976) 133 CLR 679 - Silvia v FEA Carbon Pty Ltd [2010] FCA 515; (2010) 185 FCR 301 - Thorby v Goldberg [1964] HCA 41; (1964) 112 CLR 597 - Timmins v Moreland Street Property Co Ltd [1958] Ch 110 - Walsh v Lonsdale (1882) 21 Ch D 9 - Waltons Stores (Interstate) Ltd v Maher [1988] HCA 7 (1988) 164 CLR 387 - WG Clark (Properties) Ltd v Dupre Properties Ltd [1992] Ch 297 - Wilson v Jolly (1948) 48 SR (NSW) 460 - Wynsix Hotels (Oxford St) Pty Ltd v Toomey [2004] NSWSC 236 - York House Pty Ltd v Federal Commissioner of Taxation (1930) 43 CLR 427 Texts Cited: - A J Bradbrook, C E Croft and R S Hay, Commercial Tenancy Law, 3rd ed, LexisNexis Butterworths, 2008 - J W Carter, E Peden and G J Tolhurst, Contract Law in Australia, 5th ed, LexisNexis Butterworths, 2007 - P W Young, A Cahill and G Newton, Annotated Conveyancing and Real Property Legislation New South Wales, 2010-2011 ed, LexisNexis Butterworths, 2011 Category: Interlocutory applications Parties: Min Kyu Kim (First Plaintiff) Min Jae Kim (Second Plaintiff) Don Woo Seo (Third Plaintiff) BMJ Chocolata Pty Ltd (Fourth Plaintiff) MTK Chocolata Pty Ltd (Fifth Plaintiff) Byung Sun (Eric) Song (First Defendant) Jacob Jihoon Kim (Second Defendant) Oliver Brown Pty Ltd (in liquidation) (Third Defendant) MTK Chocolata Pty Ltd (Applicant) Doutmost Pty Ltd (First Respondent) Bevillesta Pty Ltd (receivers and managers appointed) (Second Respondent) Representation: Counsel: J.C. Hewitt (Applicant) G.E.S. Ng (First Respondent) T.W. Marskell (Second Respondent) Solicitors: Dahan Lawyers (Applicant) Strathfield Law (First Respondent) Gilbert & Tobin (Second Respondent) File Number(s): 11/296647