Facts
Maher owned some property with buildings on it in Nowra. He was negotiating with a department store company called Waltons Stores for a lease of the land. They wanted an existing building to be demolished and a new one erected.
In reliance on representations made before a contract was completed, Maher demolished the building and started to erect a new one. But the contract never came to completion because Waltons Stores did not sign the lease. Waltons told their solicitors to slow the deal while they did further investigations as to whether the transaction would be good business, but allowed Maher to remain under the impression that the deal would be completed.
Read more about this topic: Waltons Stores (Interstate) Ltd V Maher
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