LAWS105 Lecture Notes - Lecture 10: Nechacco, Rescission, Arbitration Clause
Document Summary
If yes the innocent party can terminate for repudiation: repudiatory breach, cases on repudiation, federal commerce and navigation ltd v. Molena alpha inc [1979] ac 757: laurinda pty ltd v capalaba park shopping centre pty ltd (1988-1989) 166 clr 623. To mitigate damages and allow the innocent party to make other arrangements: risk of a(cid:374)ti(cid:272)ipato(cid:396)y (cid:271)(cid:396)ea(cid:272)h fo(cid:396) i(cid:374)(cid:374)o(cid:272)e(cid:374)t pa(cid:396)ty = E(cid:448)e(cid:374)t (cid:373)ay o(cid:272)(cid:272)u(cid:396) justifyi(cid:374)g guilty pa(cid:396)ty"s (cid:374)o(cid:374)- performance (and this event makes the innocent party guilty of a repudiatory breach of contract): repudiatory breach, requirements of anticipatory breach: national engineering pty ltd v chilco enterprises pty ltd. Issue: could a terminate for anticipatory breach, serious breach of contract, minor breach of contract = Usually the innocent party is compensated by an award of damages. Innocent party may discharge the contract: serious breach of contract, maintest:ifacondition(notawarranty)is breached, then this is a serious breach (this was the test used in luna park);
