[CONTRACT] - whether the parties reached a binding agreement in relation to the proportionate shares of a reward payment at the conclusion of a joint venture project - where project loan funds used to pay out personal liabilities of one of the joint venturers - where project terminated and guarantees for loans for the project called upon.
[EQUITY] - [CONTRIBUTION] - whether the plaintiffs entitled to contribution from other guarantors - whether equity requires amount advanced to the benefit of one of the joint venturers to be taken into account.
Case Details
Citation[2011] NSWSC 947
CourtNSWSC
JurisdictionNew South Wales
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