24 Mar 2009
TAKAPUNA VILLAGE LIMITED V SHABANI AND ANOR HC AK CIV 2008-404-5602
- Citation
- openlaw-ed311dd7_03ad_4bc1_af89_77a7b67e93da.pdf
- Court
- High Court
Because market values were rapidly declining from the time settlement should have occurred, damages were to be assessed by reference to the most recent reliable valuation (20 January 2009) rather than the date of cancellation; damages equal sale price minus deposit minus current market value.