NSW Caselaw
Court of Appeal Supreme Court New South Wales Medium Neutral Citation: Fu Tian Fortune Pty Ltd v Park Cho Pty Ltd [2018] NSWCA 282 Hearing dates: 12 November 2018 Date of orders: 23 November 2018 Decision date: 23 November 2018 Before: Macfarlan JA at [1] Gleeson JA at [2] Barrett AJA at [3] Decision: (1) Appeal dismissed.
(2) The appellants pay the respondent's costs of the appeal. Catchwords: LAND LAW – conveyancing – contract for sale – novation – whether contract was novated so that the second appellant replaced the first appellant as purchaser – whether second appellant merely exercised a right to nominate another transferee
CONTRACTS – formation – novation – requirements for effective novation of contract by substitution of party Legislation Cited: Conveyancing Act 1919 (NSW) Corporations Act 2001 (Cth) Cases Cited: ALH Group Property Holdings Pty Ltd v Chief Commissioner of State Revenue (2012) 245 CLR 338; [2012] HCA 6 Brambles Holdings Ltd v Bathurst City Council (2001) 53 NSWLR 153; [2001] NSWCA 61 Chambers v Manchester and Milford Railway Co (1864) 5 B & S 588; 122 ER 951 Earl of Egmont v Smith (1877) 6 Ch D 469 Ferguson v Wilson (1866) LR 2 Ch App 77 Fightvision Pty Ltd v Onisforou (1999) 47 NSWLR 473; [1999] NSWCA 323 Fu Tian Fortune Pty Ltd v Park Cho Pty Ltd [2018] NSWSC 528 Gangemi v Osborne [2009] VSCA 297 Lord v Trippe (1977) 51 ALJR 574 Masters v Cameron (1954) 91 CLR 353; [1954] HCA 72 McMahon v National Foods Milk Ltd (2009) 25 VR 251; [2009] VSCA 153 Meehan v Jones (1982) 149 CLR 571; [1982] HCA 52 Motel Marine Pty Ltd v IAC (Finance) Pty Ltd (1964) 110 CLR 9; [1964] HCA 7 Olsson v Dyson (1969) 120 CLR 365; [1969] HCA 3 Pavlovic v Universal Music Australia Pty Ltd (2015) 90 NSWLR 605; [2015] NSWCA 313 Pintrach v Deputy Commissioner of Taxation [2018] FCAFC 79 Trust Company of Australia Ltd v Commissioner of Stamp Duties [2001] QCA 278; (2001) 47 ATR 418 Trust Company of Australia Ltd v Commissioner of State Revenue [2003] HCA 23; (2003) 77 ALJR 1019 Vickery v Woods (1952) 85 CLR 336; [1952] HCA 7 Texts Cited: Peter Butt, "Purchaser 'or nominee'" (1997) 71 ALJ 12 Samuel Stoljar, "Discharge by novation" (1964) UQLJ 5 Category: Principal judgment Parties: Fu Tian Fortune Pty Ltd (First Appellant) De Fu Zhang (Second Appellant) Park Cho Pty Ltd (Respondent) Representation: Counsel: E White (Appellants) N Kirby (Respondent)
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