[CONTRACTS] - where parties in a commercial joint venture project for development of maritime fuel facility - where Shareholders Agreement governs funding of project - where one of the joint venturers in funding default - construction of Shareholders Agreement - whether non-defaulting party entitled to compulsory transfer of all the shares of the defaulting party for $1 - or for $1 per share
[PENALTY] - whether compulsory transfer for $1 constitutes a penalty
Case Details
Citation[2013] NSWSC 1134
CourtNSWSC
JurisdictionNew South Wales
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