Ull Pty Ltd v Adwell Holdings Pty Ltd and Adwell Holdings Pty Ltd v Ull Pty Ltd [2009] NSWADT 246
The Tribunal found that the parties negotiated the lease on commercial terms, both had professional advice, the rent agreed upon was within the reasonable range of expert valuations, and there was no evidence of unconscionable conduct by Adwell Holdings. Ull Pty Ltd's claim for variation or damages failed and Adwell's adjusted claim for outgoings succeeded.
- Jurisdiction
- Australia
- Judgment Date
- 24 September 2009
- Procedural Posture
- Tribunal Decision in Retail Leasing Dispute and Counterclaim for Outgoings / Final Decision After Hearing and Submissions
- Outcome
- Applicant's amended application dismissed; respondent's claim for outgoings allowed in part.
- Legal Topics
- ['retail Leases' 'unconscionability' 'market Rent Valuation' 'outgoings in Retail Leases']
Case Brief
Summary, issues, holding and outcome
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Procedural Posture
Tribunal Decision in Retail Leasing Dispute and Counterclaim for Outgoings / Final Decision After Hearing and Submissions
Legal Issues
- 1 ['Whether the rent payable under the Second Lease should be varied to reflect market rent or was unconscionable' 'Whether Adwell Holdings acted unconscionably or contravened sections of the Retail Leases Act 1994' 'Whether Ull Pty Ltd was liable for the payment of outgoings for the First Lease period']
Ratio Decidendi
The Tribunal found that the parties negotiated the lease on commercial terms, both had professional advice, the rent agreed upon was within the reasonable range of expert valuations, and there was no evidence of unconscionable conduct by Adwell Holdings. Ull Pty Ltd's claim for variation or damages failed and Adwell's adjusted claim for outgoings succeeded.
Court Disposition
Applicant's amended application dismissed; respondent's claim for outgoings allowed in part.
Orders
- ['Amended application by Ull Pty Ltd dismissed.' 'Order in favour of Adwell Holdings Pty Ltd on its application in the sum of $3,237.88 plus interest from 22nd January 2006.' 'No order as to costs.']
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