High Court Wellington
11 December 1985; 25 March 1986
Thorp J
11 December 1985; 25 March 1986
Thorp J
Contract — Sale of land — Cancellation of sale and purchase agreement by vendor when purchaser failed to settle — Property resold at a loss — Vendor claimed as special damages the cost of bridging finance up to the settlement date of the resale contract — Whether in cancelling the vendor had elected to proceed under the contract in pursuit of remedies — Whether common law damages for cost of bridging finance could be claimed.
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