Read the full judgment text of HCA 286/2000 on BabelCite. This High Court CFI judgment was delivered on 28 September 2006.
1. The Plaintiffs were victims of an abortive conveyancing transaction in which they were the purchasers. On 2 March 1998, they entered into a provisional agreement [“the Agreement”] with Winleaf (Pacific) Limited [“the Vendor”] for purchasing House No. 81 Palm Drive, The Redhill Peninsula [“the Property”] at the price of $30.5 million. An initial deposit of $3 million was paid upon the signing of the Agreement. A further deposit of $3.1 million was paid upon the signing of the formal agreeme
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