NSW Caselaw
Supreme Court New South Wales
Medium Neutral Citation: Shield Mercantile v Citigroup [2013] NSWSC 117 Hearing dates: 15/10/2012, 16/10/2012, 17/10/2012, 18/10/12, 22/10/12, 23/10/12, 24/10/12, 25/10/12, 29/10/12, 31/10/12, 05/11/12, 06/11/12 Decision date: 28 February 2013 Jurisdiction: Equity Division - Commercial List Before: McDougall J Decision: Plaintiff to bring in draft orders. Reserve costs. Catchwords: CONTRACTS - breach of contract - breach of essential term, or alternatively, serious breach of a non-essential term - termination
CONTRACTS - repudiation - acceptance of repudiation
CONTRACTS - repudiation - where both parties partially misconstrue a term of the contract - where defendant failed to comply with demands purportedly made pursuant to the terms of the contract - no repudiation if the relevant demand was not wholly a requirement of the contract
TRADE & COMMERCE - misleading or deceptive conduct - representations - no reliance
ESTOPPEL - equitable estoppel - whether plaintiff estopped from resiling from assumption that all files referred to the defendant were appropriately classified - no reliance DAMAGES - damages for loss of benefit of the contract and likely renewals - no loss proved Legislation Cited: Consumer Credit Code Evidence Act (NSW) 1995 Trade Practices Act 1974 (Cth) Cases Cited: BP Refinery (Westernport) Pty Ltd v Shire of Hastings (1977) 180 CLR 266 Byrne v Australian Airline Limited (1995) 185 CLR 410 DTR Nominees Pty Ltd v Mona Homes Pty Ltd (1978) 138 CLR 423 Foran v Wight (1989) 168 CLR 385 Koompahtoo Local Aboriginal Land Council v Sanpine Pty Ltd (2007) 233 CLR 115 Sweet and Maxwell Ltd v Universal News Services Ltd [1964] 2 QB 699 Trawl Industries of Australia Pty Ltd v Effem Foods Pty Ltd (1992) 27 NSWLR 326 Peter Turnball and Co Pty Limited v Mundus Trading Co (Australasia) Pty Limited (1954) 90 CLR 235 World Best Holdings Ltd v Sarker [2010] NSWCA 24 Category: Principal judgment Parties: Shield Mercantile Pty Ltd (Plaintiff) Citigroup Pty Ltd (Defendant) Representation: Counsel: M J Darke / T Gordon (Plaintiff) A A Henskens SC / A R Zahra (Defendant) Solicitors: McLachlan Thorpe Partners (Plaintiff) Henry Davis York (Defendant) File Number(s): 2008/290591
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