Australia, April 8 -- New South Wales Land and Environment Court issued text of the following judgement on March 7:
1. These proceedings concern a contract for sale of a business known as "Sports Online". The business involved the online retailing of sports memorabilia. The contract was in writing and is dated 6 July 2022 (the "Contract").
2 The Plaintiff sues both in contract and pursuant to s 18 of the Australian Consumer Law (Cth).
Background
3. In August 2021, the Second Defendant, who controls the First Defendant, caused Sports Online to be advertised for sale on a sale of business website. The directors of the Plaintiff, Mathew and Emma Brisby, expressed some interest in the business and, following this expression, the Second Defe...