Read the full judgment text of CACV 000062/1994 on BabelCite. This Court of Appeal judgment was delivered on 25 October 1994.
1. This is an appeal from an order of Mr. Justice Liu, made on 18 February 1994 after a trial lasting no less than 13 days, by which the judge resolved a dispute between the parties to a contract for the sale of land. The vendor had forfeited, or had purported to forfeit, a sum of $5,460,000 which had been paid by the purchaser to the vendor in advance of completion of the contract; the judge decided that the vendor had not been entitled to do so. The vendor now appeals to this court.