Australia Leading Case uncategorized

Ringrow Pty Ltd v BP Australia Pty Ltd

[2005] HCA 71; (2005) 224 CLR 656

JurisdictionAustralia

CourtHigh Court of Australia

Year2005

StatusBinding authority

Key Principle

A contractual stipulation is an unenforceable penalty only where the sum or remedy is 'out of all proportion' to (extravagant and unconscionable in comparison with) the greatest loss conceivably flowing from the breach; freedom of contract is to be respected.

Area of Law

Related Cases

Miller v The Queen [2016] HCA 30; (2016) 259 CLR 380 (Miller v The Queen; Smith v The Queen; Presley v DPP (SA))

Vines v ASIC [2007] NSWCA 75; (2007) 73 NSWLR 451

Maggbury Pty Ltd v Hafele Australia Pty Ltd [2001] HCA 70; (2001) 210 CLR 181

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