Anema E Core Pty Ltd v Aromas Pty Ltd [1999] FCA 904
The appeal was dismissed as the appellants failed to establish that trading losses and owner's labour were caused directly by the misrepresentation found, and were disentitled to rescission due to continued performance and affirmation after full knowledge of the relevant facts. The damages awarded were based on the difference between the contract price and value at acquisition and no appellable error was found in the assessment. Only one contravention of s 52 was found and did not warrant rescission.
- Jurisdiction
- Australia
- Judgment Date
- 05 July 1999
- Procedural Posture
- Appeal / Appellate Judgment
- Outcome
- appeal dismissed
- Legal Topics
- ['misleading and Deceptive Conduct' 'misrepresentation' 'reliance' 'rescission' 'damages Assessment' 'valuation of Business' 'affirmation' 'remedies Under Trade Practices Act']
Case Brief
Summary, issues, holding and outcome
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Procedural Posture
Appeal / Appellate Judgment
Legal Issues
- 1 ['Whether non-disclosure of recent trading figures amounted to misleading or deceptive conduct under s 52 Trade Practices Act' 'Whether representations concerning duration of business disruption from roadworks were actionable' 'Whether damages awarded were insufficient' "Whether trading losses and owner's labour warranted additional damages" "Whether rescission was an available remedy given appellants' conduct and performance of contract"]
Ratio Decidendi
The appeal was dismissed as the appellants failed to establish that trading losses and owner's labour were caused directly by the misrepresentation found, and were disentitled to rescission due to continued performance and affirmation after full knowledge of the relevant facts. The damages awarded were based on the difference between the contract price and value at acquisition and no appellable error was found in the assessment. Only one contravention of s 52 was found and did not warrant rescission.
Court Disposition
appeal dismissed
Orders
- ['The appeal will be dismissed with costs.']
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