Topic 6 Intention - Commercial Contracts

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00:00 - Introduction

00:35 - Commercial Transactions

01:53 - Agreements to agree are never binding

05:12 - Commercial Transactions – Honour Clauses Textbook: 5.20

08:34 - Commercial Transactions

17:00 - Letters of Comfort : 

19:20 - Banque Brussels v Australian National Industries Ltd

25:44 - Contrasting Results

27:42 - Kleinwort Benson Ltd v Malaysian Mining Corp Bhd (1989) CA, UK

32:58 - Preliminary Agreements

39:10 - Three Categories in Masters v Cameron (textbook [5.70])

43:03 - Preliminary Agreements

43:56 - Recent Cases - Pavlovic v Universal Music Australia Pty Limited (2015) 90 NSWLR 60

45:29 - Recent Cases: Edward Ted Lakis and Anor v Michael Victor Lardis and Anor [2017] NSWSC 321

47:47 - Lakis v Lardis – per Sakar J

47:48 - Ask “What is the meaning of what the parties have said?”, rather than “What did the parties mean to say?”

48:36 - Overview: Intention to create legal relations