Monday, February 13, 2012
End of the Road for Mirvac at Tennyson
Mirvac and an off-the-plan purchaser, Mrs Dunworth, have had protracted legal battles regarding Mrs Dunworth's contract to purchase an apartment at Tennyson Reach that flooded. Mrs Dunworth got out of the contract in this decision. Mirvac appealed that decision to the High Court, but on Friday last week, the High Court refused leave to hear the case, so Mrs Dunworth wins and does not have to settle. A rare win for an off-the-plan purchaser trying to get out of a contract.