L. N. E. Cunneen & Co Pty Ltd v Blackburn [2018] NSWCA 211

L. N. E. Cunneen & Co Pty Ltd v Blackburn [2018] NSWCA 211

The parties did not vary their informal agreement to include a 10% capital growth share term; appellant has no entitlement to a capital growth share, and costs were properly awarded to appellant for respondents’ cross-claim since merits were not finally determined and no procedural injustice found.

Jurisdiction
Australia
Judgment Date
27 September 2018
Procedural Posture
Appeal / Principal Judgment – Appeal and Cross Appeal From Supreme Court Decision
Outcome
Appeal dismissed with costs; cross-appeal dismissed with costs.
Legal Topics
['contract Formation' 'contract Variation' 'remuneration Agreements' 'contracts Review Act 1980 (nsw)' 'costs Discretion']

Case Brief

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Procedural Posture

Appeal / Principal Judgment – Appeal and Cross Appeal From Supreme Court Decision

  1. 1 ['Whether the parties varied an informal agreement to include a 10% share in the capital growth of assets' 'Whether findings of fact by the primary judge were erroneous' 'Whether costs should follow the event for a cross-claim under Contracts Review Act 1980 (NSW)']

Ratio Decidendi

The parties did not vary their informal agreement to include a 10% capital growth share term; appellant has no entitlement to a capital growth share, and costs were properly awarded to appellant for respondents’ cross-claim since merits were not finally determined and no procedural injustice found.

Court Disposition

Appeal dismissed with costs; cross-appeal dismissed with costs.

Orders

  • ['Appeal dismissed with costs' 'Cross-appeal dismissed with costs']