03.02.2014

Marlborough District Council v Altimarloch Joint Venture Ltd [2012] NZSC11

  Elias CJ Blanchard J Tipping J McGrath J Anderson J
Contract Measure of damages

Loss of bargain: difference in the value of land with and without water rights ($400,000).

Loss of bargain is the ‘normal measure of damages in sale transactions.

Cost of cure ($1.055m)

Cost of cure ($1.055m).

The ‘normal’ measure of damages is the performance cost of the contract.

Cost of cure ($1.055m).

The ‘normal’ measure of damages in sale contracts is the loss of bargain/difference in value.

The ‘normal’ measure in service contracts is the performance cost.

Loss of bargain ($400,000) (per Elias J)

 

Council owes duty of care Yes (per Tipping J) Yes (per Tipping j) Yes Yes (per Tipping J) Yes (per Tipping J)
Council caused loss No Yes (until plaintiffs paid by vendors then no) No Yes Yes (per McGrath J)
Tort measure of damages (not directly appealed) Difference between the purchase price and the true value ($125,000). Difference between the purchase price and the true value ($125,000). Difference between the purchase price and the true value ($125,000). Difference between the purchase price and the true value ($125,000). Difference between the purchase price and the true value ($125,000) (per McGrath J)
Contribution allowed No No No Yes (50%) Yes (per McGrath J)
Do you need expert legal advice?
Contact the expert team at Hesketh Henry.
Kerry
Media contact - Kerry Browne
Please contact Kerry with any media enquiries and with any questions related to marketing or sponsorships on +64 9 375 8747 or via email.

Related Articles / Insights & Opinion

Insurance Contract Law – Parliament finally gets to consider long-awaited reforms
In February 2022, the Ministry of Business, Innovation and Employment (MBIE) released an exposure draft of the Insurance Contracts Bill (MBIE’s Draft Bill) for public consultation and feedback.  MB...
24.04.2024 Posted in Insurance
Tower Troubles – Body Corporate 366567 (Harbour Oaks) v Auckland Council
Standing 40 storeys tall with 406 units, the Gore Street building in downtown Auckland (formerly known as “Harbour Oaks”) is presently the subject of New Zealand’s largest claim for residential ...
18.04.2024 Posted in Construction & Disputes
Construction Framework Wide BW
OIO Spotlight:  Government issues new directive on foreign investment for build-to-rent housing developments
Earlier this year, the coalition Government announced that it would be introducing a new streamlined consent pathway for build-to-rent developments by way of amendments to the Overseas Investment Act ...
16.04.2024 Posted in Business Advice & Property
Incorporated societies’ reregistration deadline – April 2026 may be closer than you think
The Incorporated Societies Act 2022 (2022 Act) came fully into force on 5 October 2023, meaning incorporated societies can now apply for reregistration under the 2022 Act.  Approximately 24,000 exist...
16.04.2024 Posted in Business Advice
iStock  Construction dpi
Call me? Care is required when calling on a bond
In the recent High Court decision Hawkins Ltd v Elizabeth Properties Ltd, Hawkins was successful in preventing EPL from calling on a $3m bond pending determination of a dispute principally over the ap...
10.04.2024
HH News NZS  Release
What You Need to Know About the New NZS3910:2023
The new NZS3910:2023 (conditions of contract for building and civil engineering construction) was released by Standards New Zealand in December 2024 (see our article here).  It is now gaining relevan...
10.04.2024 Posted in Construction
Money stack black and white
Income is classified as relationship property – surprised?
For all couples, embarking on the journey of building a life together involves not only love and commitment but also financial considerations.  As you navigate through shared finances, it’s imp...
26.03.2024 Posted in Private Wealth
SEND AN ENQUIRY
Send us an enquiry

For expert legal advice, please complete the form below or call us on (09) 375 8700.