High Court Wellington
21 March; 8 July; 3 September 1985
Hardie Boys J
21 March; 8 July; 3 September 1985
Hardie Boys J
Contract — Sale of land — Cancellation of sale and purchase agreement by vendor following breach of contract by purchaser — Property resold at a profit — Damages sought from defaulting purchaser included interest not received from projected re-investment of the purchase moneys — Whether reselling at a profit precluded the vendor claiming loss under the agreement — Whether interest from projected investments could be recovered as damages — Judicature Act 1908, s 87.
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