This is an interesting case on a number of fronts. It’s good to see the courts enforcing the ruling that a sale at auction (or unconditional sale) is a sale – there is no backing out, by either party.
It’s also good to see a party fronting up and committing to chasing through and going to court. Often the practicalities of enforcing a contract like this don’t stack up, so people let it go. It has cost this couple […]