28 Oct 1999
FONG IP BOR AND ANOTHER v. WIRAHARDJA RANDY MULIA
- Citation
- FONG IP BOR AND ANOTHER v. WIRAHARDJA RANDY MULIA
- Court
- Court of First Instance
- Case number
- HCA7276/1998
Damages are assessed by deducting the accepted resale valuation/proceeds and the forfeited deposit from the contract price; delay in resale did not amount to failure to mitigate given market conditions; expert valuation of $6.7m accepted as basis; plaintiffs awarded $4,139,100 plus interest and costs.