Salvatore Sanfilippo v Anvest Holdings Pty Ltd and Ors (No. 2) [2014] NSWSC 712

Supreme Court New South Wales

Medium Neutral Citation: Salvatore Sanfilippo v Anvest Holdings Pty Ltd and Ors (No. 2) [2014] NSWSC 712 Hearing dates: 29 May 2014 Decision date: 30 May 2014 Jurisdiction: Equity Division Before: Slattery J Decision: See paragraphs [53] and [54]. Catchwords: CONTRACT - construction of contract - whether capital gains tax deductible from vendor finance repayment - construction of the words "all outgoings paid" in a share sale agreement - meaning of "outgoings" - meaning of "paid" - whether there is any double counting in the claimed deduction of monies from the repayment of vendor finance. Legislation Cited: Uniform Civil Procedure Rules 2005, Schedule 7 Cases Cited: Amos v Smith (1862) 158 ER 873 Bodenham v Purchas (1818) 106 ER 281 Holland v Goltrans Pty Ltd [1981] BC8421137 Hills v Mesnard (1847) 116 ER 103 Page v Meek (1862) 122 ER 98 R v Shaw [1848] 116 ER 925 Salvatore Sanfilippo v Anvest Holdings Pty Ltd and Ors [2014] NSWSC 650 Turney v Dodwell (1854) 118 ER 1091 White v Elmdene Estates Ltd [1960] 1 QB 1 Texts Cited: Macquarie University, 2nd Ed, (1981), The Macquarie Library Pty Ltd Category: Separate question Parties: Plaintiff: Salvatore Sanfilippo First Defendant: Anvest Holdings Pty Ltd Second Defendant: Romeo Tamburri Representation: Counsel: Plaintiff: M Southwick Defendant: H W M Stitt Solicitors: Plaintiff: Barringer Leather Lawyers Defendant: LCI Legal Solicitors Attorneys File Number(s): 2012/249526 Publication restriction: No