Bachour Enterprises Pty Ltd v Munzer [2024] NSWSC 1601
The Heads of Agreement constituted a valid and binding contract for the sale of the Mt Druitt business to the plaintiff, with Simon Munzer as vendor. The various defences raised by the defendants (misrepresentation, non est factum, unconscionable conduct, undue influence, and mistake) were not made out on the evidence. The plaintiff was entitled to specific performance and an account of profits, as damages were not adequate relief.
- Parties
- Plaintiff: Bachour Enterprises Pty Ltd; First Defendant: Simon Munzer; Second Defendant: Paradise CC Corp Pty Ltd
- Jurisdiction
- Australia
- Judgment Date
- 13 December 2024
- Procedural Posture
- Civil / Principal Judgment After Hearing and Submissions
- Outcome
- Orders made for specific performance, an account, and costs in favour of the plaintiff; cross-claim dismissed.
- Legal Topics
- Sale of Business, Specific Performance, Misrepresentation, Unconscionable Conduct, Non Est Factum, Mistake, Account of Profits
Case Brief
Summary, issues, holding and outcome
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Parties
Bachour Enterprises Pty Ltd
Plaintiff
Simon Munzer
First Defendant
Paradise CC Corp Pty Ltd
Second Defendant
Procedural Posture
Civil / Principal Judgment After Hearing and Submissions
Legal Issues
- 1 Whether the Heads of Agreement constituted a binding contract for the sale of business
- 2 Identification of the contracting parties
- 3 Whether defences of misleading or deceptive conduct, unconscionable conduct, undue influence, non est factum, or mistake were established
Ratio Decidendi
The Heads of Agreement constituted a valid and binding contract for the sale of the Mt Druitt business to the plaintiff, with Simon Munzer as vendor. The various defences raised by the defendants (misrepresentation, non est factum, unconscionable conduct, undue influence, and mistake) were not made out on the evidence. The plaintiff was entitled to specific performance and an account of profits, as damages were not adequate relief.
Court Disposition
Orders made for specific performance, an account, and costs in favour of the plaintiff; cross-claim dismissed.
Orders
- Declare the agreement dated 3 September 2022 for the sale of the Mt Druitt business from Simon Munzer to the plaintiff is valid and binding.
- Order the first defendant to specifically perform and give effect to the agreement.
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