Read the full judgment text of HCMP 001840/1998 on BabelCite. This High Court CFI judgment was delivered on 23 November 1999.
2. Near the time for completion, the property market had fallen and apparently the Plaintiff encountered financial difficulties. By a Supplemental Agreement dated 2nd March 1998 ("the Supplemental Agreement"), the parties agreed to defer completion to 2nd April 1998 on condition that a further sum of $11.5 million be paid by the Plaintiff to the Defendant towards the purchase price. The Plaintiff did pay the said sum.
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