Shield Lifestone Holdings Pty Limited v LSKF Holdings Pty Limited [2018] NSWSC 335

Supreme Court New South Wales

Medium Neutral Citation: Shield Lifestone Holdings Pty Limited v LSKF Holdings Pty Limited [2018] NSWSC 335 Hearing dates: 13 and 14 March 2018 Date of orders: 20 March 2018 Decision date: 20 March 2018 Jurisdiction: Equity Before: Pembroke J Decision: See paragraph [19] Catchwords: CONTRACT – illusory obligation – whether discretion unfettered – whether obligation optional – sufficient if discretion is controlled by defined, ascertainable and justiciable criteria CONTRACT - construction – whether contract void for uncertainty – no obscurity Cases Cited: Anglican Development Fund Diocese of Bathurst [2015] NSWSC 1856 Bailes v Modern Amusements Pty Ltd [1964] VR 436 Electricity Generation Corporation v Woodside Energy Ltd [2014] HCA 7; (2014) 251 CLR 640 Giasoumi v Ribbera [2017] VSC 631 Loftus v Roberts (1902) 18 TLR 532 Meehan v Jones (1982) 149 CLR 571 Mount Bruce Mining Pty Ltd v Wright Prospecting Pty Ltd [2015] HCA 37 Placer Development Ltd v Commonwealth (1969) 121 CLR 353 Scammell & Nephew Ltd v Ouston [1941] AC 251 Thorby v Goldberg (1964) 112 CLR 597 Upper Hunter County District Council v Australian Chilling & Freezing Co Ltd (1967-8) 118 CLR 429 Zhu v Treasurer of New South Wales [2004] HCA 56; (2004) 218 CLR 530 Texts Cited: Cheshire & Fifoot, Law of Contract, 11th Australian Edition Category: Principal judgment Parties: Shield Lifestone Holdings Pty Limited – plaintiff LSKF Holdings Pty Limited – first defendant Litestone Holdings Pty Limited – second defendant Representation: Counsel: Mr J J Loofs SC with Ms K J Young – for the plaintiff Mr V Bedrossian with Ms J Tat – for the first and second defendants