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Damages - The Failed $22M Settlement
In a high-stakes decision by the Supreme Court of New South Wales, vendors were awarded $5.2 million after a purchaser failed to complete a contract for a luxury Vaucluse residence. This article dives into the technical breakdown of how damages are calculated, from the $5.888 million deficiency on resale to 10% contractual interest and the "rounding" principles applied by the court.

Surge Legal
Apr 173 min read
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