Ryde Ex Services Memorial and Community Club Ltd v Kaloriziko Ryde Pty Ltd [2017] NSWSC 1576

Supreme Court New South Wales

Medium Neutral Citation: Ryde Ex Services Memorial and Community Club Ltd v Kaloriziko Ryde Pty Ltd [2017] NSWSC 1576 Hearing dates: 12 October; 8 November 2017 Date of orders: 21 November 2017 Decision date: 21 November 2017 Jurisdiction: Equity - Real Property List Before: Parker J Decision: Grant leave to discontinue proceedings Catchwords: Equity – remedies – specific performance – contract for sale of land – purchaser's failure to complete – defences to specific performance – futility – financially unable to complete Civil Procedure – discontinuance of proceedings – contract for sale of land – purchaser's failure to complete – specific performance and general law damages sought by vendor – discontinuance application made by vendor after hearing – alleged loss of forensic advantage – where specific performance would have been granted – appropriateness of dismissal of damages claim – res judicata Legislation Cited: Civil Procedure Act 2005 (NSW), s 91 Cases Cited: Aranbel Ltd v Darcy [2010] IEHC 272 Boyarsky v Taylor (2008) 14 BPR 26,553; [2008] NSWSC 1415 Cox v Parker (1987) 5 BPR 97,339; [1987] NSWSC 4307 Evans v Robcorp Pty Ltd [2015] 2 Qd R 111; [2014] QSC 26 Great Northern Land Company Ltd v Crowley [2010] NZHC 1944 Hadley v Baxendale (1854) 9 Ex 341; 156 ER 145 Lindaning Pty Ltd v Goodlock [2011] QSC 266 Ngai Tahu Property Ltd v Dykstra [2009] NZHC 1474 North East Lincolnshire BC v Millennium Park (Grimsby) Ltd [2002] EWCA Civ 1719 Park East South East Construction Ltd v Benesch [2013] IEHC 464 Pasedina (Holdings) Pty Ltd v Khouri (1977) 1 BPR 97,046 Port of Melbourne Authority v Anshun Pty Ltd (1981) 147 CLR 589; [1981] HCA 45 Prime Resources Company Ltd v Pardeep and Sharyn Anita Kumar [2007] NZHC 439 Re Mempoll Pty Ltd, Anankin Pty Ltd and Gold Kings Pty Ltd [2013] NSWSC 301 Titanic Quarter Ltd v Rowe [2010] NICh 14 Wong v Van Vlymen [2016] NSWSC 161 Wynn Clons Development Ltd v Cooke [2012] IEHC 385 Category: Principal judgment Parties: Ryde Ex Services Memorial and Community Club Ltd (Plaintiff) Kaloriziko Ryde Pty Ltd (First Defendant) Greg Gav (Second Defendant) Marwan Chanine (Third Defendant) Representation: Counsel: 12 October 2017 AMB Cornish (Plaintiff) M Ashhurst SC/GP Gee (First and Second Defendant) MJ Fernandes (Third Defendant)