Read the full judgment text of HCA 2251/2002 on BabelCite. This High Court CFI judgment was delivered on 25 April 2005.
1. The plaintiff was the owner of a property, being various units rented out as office space and storage in a building in Stanley Street, Central. It sold the same to the 1 st defendant. Notwithstanding that it was paid no more than an initial deposit of $0.5m, which equated with 10% of the sale and purchase price, the transaction proceeded to completion and title transferred to the 1 st defendant. Shortly after that the 1 st defendant sold the property to the 2 nd defendant. The 2 nd defend
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