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JPA Finance P/L v Gordon Nominees P/L [2019] VSC 171

CONTRACT, RELIEF AGAINST FORFEITURE
Supreme Court of Victoria
Division: 
Commercial Court
Judge(s): 
Robson J
Parties: 

JPA Finance P/L v Gordon Nominees P/L

Judgment Date: 
21 March 2019
Catchwords: 

CONTRACT - Notice of default - Service of notice - Whether strict compliance with address for notices required - Notice not given in accordance with notice requirements - Notice invalid.

RELIEF AGAINST FORFEITURE - Consequence of non-observance of statutory notice was the loss of a party's right to buy 20 per cent of units in a unit trust that owns a motel - Held loss of option constituted circumstances where equity would grant relief against forfeiture.

Citation: