New Zealand Land Development Co Ltd v Porter - [1992] 2 NZLR 462

Damages — Assessment — Date of assessment — Breach of contract — Damages for loss of bargain claimed by innocent purchasers against vendor — Purchasers commencing action for specific performance and damages — Discovery that vendor had sold to another purchaser in the meantime — Substantial increase in value of property between date of breach, date of cancellation and date of hearing — Delay by purchasers in bringing claim on for hearing — Date at which damages should be assessed — Observation as to modern lack of distinction between common law damages and damages in equity.