Gascoinge Wicks v Altimarloch Joint Venture Limited and Ors - SC 41/2010
Summary
Civil Appeal – Misrepresentation – Whether Court of Appeal wrong to find that Alitmarloch Joint Venture Ltd induced by representations made by Gascoigne Wicks and Vining Realty to enter into and confirm contract for sale and purchase – Whether reasonable in the circumstances for AJVL to act in reliance on representations.[2010] NZCA 104 CA 438/2008 and CA 213/2009 29 March 2010
Result
A The application for leave to appeal are granted.
B The approved ground is whether the award of damages against DS & JW Moorhouse (in respect of which they are entitled to be fully indemnified by Vining Realty and Gascoigne Wicks) was appropriately quantified on an expectation basis.
B The approved ground is whether the award of damages against DS & JW Moorhouse (in respect of which they are entitled to be fully indemnified by Vining Realty and Gascoigne Wicks) was appropriately quantified on an expectation basis.
14 July 2010
_______________________________
Appeal dismissed.
Vining Realty and Gascoigne Wicks are to pay the Council costs of $5,000. They are to pay in the proportions fixed in the Court of Appeal, namely 60 per cent by Vining Realty and 40 per cent by Gascoigne Wicks.
Vining Realty and Gascoigne Wicks are to pay in the same proportions costs of $10,000 to Altimarloch.
In each case where costs are awarded, disbursements shall be added as agreed or fixed by the Registrar.
Additional Information
Hearing date : 14 and 15 February 2011
Elias CJ, Blanchard, Tipping, McGrath, Anderson JJ.