McNaughton and Willebrandt and Anor

Case

[2012] FamCA 149

16 March 2012


Details
AGLC Case Decision Date
McNaughton and Willebrandt and Anor [2012] FamCA 149 [2012] FamCA 149 16 March 2012

CaseChat Overview and Summary

In *McNaughton and Willebrandt and Anor*, Bell J of the Supreme Court of Victoria considered a dispute between Mr McNaughton (the applicant/plaintiff) and Mr Willebrandt (the respondent/defendant) concerning the sale of C Pty Ltd.

The central legal issue before the Court was the entitlement of Mr McNaughton to a share of the gross sale price of C Pty Ltd, as agreed between the parties.

Bell J found that Mr McNaughton was entitled to 25 per cent of the gross sale price of C Pty Ltd. The Court ordered that Mr Willebrandt pay this amount to Mr McNaughton. The Court also adjourned the determination of costs and the presentation of a draft order to Chambers, with directions for written submissions on costs to be provided within fourteen days and a reply within seven days thereafter.
Details

Areas of Law

  • Commercial Law

  • Equity & Trusts

Legal Concepts

  • Remedies

  • Fiduciary Duty

  • Costs

  • Breach

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