New Standard Energy Pel 570 Pty Ltd & Anor v Outback Energy Hunter Pty Ltd
[2020] HCASL 81
NEW STANDARD ENERGY PEL 570 PTY LTD & ANOR
v
OUTBACK ENERGY HUNTER PTY LTD & ANOR
[2020] HCASL 81
A34/2019
The applicants seek special leave to appeal from a judgment of the Full Court of the Supreme Court of South Australia (Kourakis CJ, Nicholson and Lovell JJ) dismissing an appeal from the decision of Blue J dismissing the applicants' cross action for breach of an agreement relating to a petroleum exploration joint venture, by unreasonably withholding consent to the request for a change in control.
There is no reason to doubt the correctness of the Full Court's finding that the respondents did not unreasonably withhold consent. Hence, the matter is not an appropriate vehicle for considering the principles determining whether the provision as to such consent was promissory.
Pursuant to r 41.08.1 of the High Court Rules 2004 (Cth), we direct the Registrar to draw up, sign and seal an order dismissing the application with costs.
V.M Bell G.A.A Nettle 18 March 2020
0
0