7 May 2020
BRADFIELDS LTD v BROOKWATER INVESTMENTS LTD [2020] NZHC 935
- Citation
- [2020] NZHC 935
- Court
- High Court
Vendor Brookwater breached express warranty in clause 6.1 by failing to disclose known regulatory registration requirements; vendor and director Bradfield made actionable misrepresentations and engaged in misleading or deceptive conduct under s9 FTA and are personally liable; purchaser solicitors Malley & Co breached their retainer and were negligent in failing to advise and pursue legal due diligence; plaintiffs mitigated inadequately post-notification and bore 50% contributory responsibility; damages assessed on diminution in value plus recoverable wasted costs, apportioned equally between…