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A costly mistake - Thompson v Leigh [2006] NSWSC 540

Published on 01 Nov 06 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

Contracts for the purchase of land were mistakenly entered into by an individual, rather than by the intended purchaser, which was the trustee of a unit trust. Steps were taken to rectify the mistake, but these proved to be sorely lacking when the individual subsequently became bankrupt.

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Jeffrey CHANG
Current at 07 July 2015 Click here to expand/collapse more articles by Jeffrey CHANG.
 

 

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