Quinn Chi On v Karen Gore [2016] NSWSC 950

Supreme Court New South Wales

Medium Neutral Citation: Quinn Chi On v Karen Gore [2016] NSWSC 950 Hearing dates: 2 June 2016 Date of orders: 11 July 2016 Decision date: 11 July 2016 Jurisdiction: Equity - Commercial List Before: Bergin CJ in Eq Decision: Defendant validly exercised Option to purchase the plaintiff's one-sixth share in the partnership operating the Illawong Pharmacy for $750,000. Catchwords: OPTIONS – where option to purchase share in partnership is validly exercised – whether performance frustrated – whether plaintiff acted inconsistently with his obligations under the Option Agreement to transfer the share in the partnership to the defendant – whether repudiation – whether defendant accepted repudiation – whether parties abandoned Option Agreement Cases Cited: CGM Investments Pty Ltd v Chelliah [2003] FCA 79; (2003) 196 ALR 548 Codelfa Construction Pty Ltd v State Rail Authority of NSW (1982) 149 CLR 337 Davis Contractors Ltd v Fareham Urban District Council [1956] AC 696 Roadshow Entertainment Pty Ltd v (ACN 053 006 269) Pty Ltd Receiver & Manager Appointed (formerly CEL Home Video Pty Ltd) (1997) 42 NSWLR 462 Ross T Smyth & Co Ltd v TD Bailey Son & Co [1940] 3 All ER 60 Shevill v Builders Licensing Board (1982) 149 CLR 620 Wallera Pty Ltd v CGM Investments Pty Ltd [2003] FCAFC 279. Texts Cited: JW Carter, Contract Law in Australia (LexisNexis Butterworths, 6th ed, 2013) Category: Principal judgment Parties: Quinn Chi On (Plaintiff) Karen Gore (Defendant) Representation: Counsel: IR Pike SC (Plaintiff) JA Rose (Defendant)