30 Nov 2015
VICTORIA QUARTER NO.1 LTD v FBB HOLDINGS LTD & ANOR [2015] NZHC 3007
- Citation
- [2015] NZHC 3007
- Court
- High Court
The court held the landlord offered possession ready for fit out by 15 June 2011 so the defendants' purported cancellation was a repudiation for which the first defendant is liable for damages; the alleged guarantee was unenforceable because s27 Property Law Act 2007 was not complied with and estoppel failed; the extras claim failed for lack of agreement; damages were quantified using the actual code compliance certificate date and specified OPEX figures.