Bradcorp Wilton Park v DLL Wilton [2010] NSWSC 1441
The transaction notified by DLL did not engage clause 9.2 because it did not seek Bradcorp's consent for the sale of an 'Englobo Lot' as defined in the PDA; rather, it involved an aggregation of lots, only some of which could be considered Englobo Lots. Clause 9.2 focuses on individual existing lots shown on a registered plan which are capable of further subdivision, not aggregations of multiple such lots. Consequently, Bradcorp was not obliged to consent, and the Colliers valuation was not determinative under the PDA's valuation procedures.
- Parties
- Plaintiff: Bradcorp Wilton Park Pty Limited; First Defendant: DLL Wilton Pty Ltd; Second Defendant: Delfin Lend Lease Limited
- Jurisdiction
- Australia
- Judgment Date
- 08 December 2010
- Procedural Posture
- Contract Dispute / Judgment (ex Tempore, Revised)
- Outcome
- Plaintiff succeeded on principal issues; cross-claim dismissed
- Legal Topics
- Project Delivery Agreement, Construction of Terms, Englobo Lot Definition, Consent for Sale, Valuation Process
Case Brief
Summary, issues, holding and outcome
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Parties
Bradcorp Wilton Park Pty Limited
Plaintiff
DLL Wilton Pty Ltd
First Defendant
Delfin Lend Lease Limited
Second Defendant
Procedural Posture
Contract Dispute / Judgment (ex Tempore, Revised)
Legal Issues
- 1 Whether the subject matter of the proposed sale was an 'Englobo Lot' for the purposes of the PDA
- 2 Whether clause 9.2 of the PDA was engaged by the notice of 17 June 2009
- 3 Whether Bradcorp was required to give its consent to the proposed sale under clause 9.2
Ratio Decidendi
The transaction notified by DLL did not engage clause 9.2 because it did not seek Bradcorp's consent for the sale of an 'Englobo Lot' as defined in the PDA; rather, it involved an aggregation of lots, only some of which could be considered Englobo Lots. Clause 9.2 focuses on individual existing lots shown on a registered plan which are capable of further subdivision, not aggregations of multiple such lots. Consequently, Bradcorp was not obliged to consent, and the Colliers valuation was not determinative under the PDA's valuation procedures.
Court Disposition
Plaintiff succeeded on principal issues; cross-claim dismissed
Orders
- Declarations in terms of prayers 4, 5 and 7 of the amended summons filed on 7 December 2010
- Liberty to apply in respect of prayers 1 to 3 reserved
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