Australia, Sept. 1 -- New South Wales Land and Environment Court issued text of the following judgement on Aug. 1:
1. WARD P: This appeal arises out of the failed attempt by the first appellant, Mr Bernard Fussell, to purchase an industrial site at Camellia (the Property). Mr Fussell entered into a contract for sale of land dated 10 May 2012 with the owner, Mr James Lockrey, to acquire the Property for $1.7 million with a 5-year deferred settlement date (the sale contract). Mr Fussell did not settle on the completion date (10 May 2017). Two days later, Mr Lockrey died. Mr Lockrey's legal representative, Ms Carolyn Deigan (the solicitor who had acted for him on the sale transaction), subsequently rescinded the sale contract pursuant to a cl...