CONTRACT - transfer of shares upon termination of joint venture agreement - whether "fair value" of shares to be determined by reference only to second defendant's net tangible assets or whether other factors may also be considered - whether cl 5.02(b) of the joint venture agreement is void for uncertainty - severability of that clause - effect on cl 5.03 if cl 5.02(b) is void but not severable
Acts Cited:
Estate Duty Assessment Act 1914-28 (Cth)
Case Details
Citation[2003] NSWSC 951
CourtNSWSC
JurisdictionNew South Wales
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