Scott v Ennis-Oakes [2020] NSWCA 239
The contract was not terminated by the appellants for breach or repudiation but came to an end due to a supervening event (the scheme of arrangement) under Additional Condition 37. By affirming the contract and seeking specific performance, the appellants never accrued a right to loss of bargain damages, so such damages are not recoverable under the contract's termination circumstances.
- Jurisdiction
- Australia
- Judgment Date
- 01 October 2020
- Procedural Posture
- Appeal / Court of Appeal Decision
- Outcome
- Appeal dismissed
- Legal Topics
- ['conveyancing' 'rescission' 'specific Performance' 'loss of Bargain Damages' 'repudiation' 'scheme of Arrangement' 'termination of Contract']
Case Brief
Summary, issues, holding and outcome
More case intelligence is available
Unlock the full research layer for this judgment.
Procedural Posture
Appeal / Court of Appeal Decision
Legal Issues
- 1 ['Whether the appellants were entitled to loss of bargain damages upon termination of the contract under Additional Condition 37' 'Whether the contract came to an end due to supervening circumstances or breach' "Whether the appellants preserved their right to loss of bargain damages after the respondent's rescission under AC 37"]
Ratio Decidendi
The contract was not terminated by the appellants for breach or repudiation but came to an end due to a supervening event (the scheme of arrangement) under Additional Condition 37. By affirming the contract and seeking specific performance, the appellants never accrued a right to loss of bargain damages, so such damages are not recoverable under the contract's termination circumstances.
Court Disposition
Appeal dismissed
Orders
- ['Appeal dismissed.' "Order the appellants pay the respondent's costs of the appeal."]
Full Case Text
Judgment text and source record
Sign in to read
Sign in to read the full judgment text
Sign in to read the full judgment text. Downloads and additional research tools may depend on your plan.
Sign in to read the full judgment