Read the full judgment text of on BabelCite. was delivered on 4 September 1998.
1. The Plaintiff agreed to sell the suit premises at Flat B on the 59th and 60th Floors of Tregunter Tower 3, together with a car park space, to the Defendant for $63,000,000. The Defendant paid a deposit of $6,300,000 and a further $6,300,000 as part of the price. The provisional agreement was dated 29th May 1997, and the formal agreement 18th June 1997, but completion was not scheduled to take place until 12th December 1997. The Defendant did not complete the purchase. The Plaintiff gave the D