Metcash Limited & Anor v Jardim (aka Lou Jardin) & Anor [2010] NSWSC 936
There is a serious question that Jardim Investments may be acting as agent for Mr Jardim and that the restraint in clause 3.2(d) may be valid and enforceable. The balance of convenience favours granting the injunction since unwinding the transaction would be difficult, and a final hearing is imminent.
- Jurisdiction
- Australia
- Judgment Date
- 31 August 2010
- Procedural Posture
- Interlocutory Application / Application for Interlocutory Injunction
- Outcome
- Interlocutory injunction granted.
- Legal Topics
- ['restraints of Trade' 'interlocutory Injunctions' 'employment Contract' 'agency']
Case Brief
Summary, issues, holding and outcome
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Procedural Posture
Interlocutory Application / Application for Interlocutory Injunction
Legal Issues
- 1 ['Whether employment deed was validly terminated by Mr Jardim' 'Whether clause 3.2(d) is enforceable or an unreasonable restraint of trade' 'Whether injunction can be granted against Jardim Investments which is not party to employment deed']
Ratio Decidendi
There is a serious question that Jardim Investments may be acting as agent for Mr Jardim and that the restraint in clause 3.2(d) may be valid and enforceable. The balance of convenience favours granting the injunction since unwinding the transaction would be difficult, and a final hearing is imminent.
Court Disposition
Interlocutory injunction granted.
Orders
- ['Jardim Investments Pty Limited restrained until 4 pm on 15 September 2010 from acquiring more than 5 per cent of issued investments in SPAR Australia Limited or any associated entity.' "Liberty to apply on 2 days' notice." 'Costs reserved.' 'Leave to the parties to take orders out forthwith.']
Full Case Text
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