Australia, May 9 -- New South Wales Land and Environment Court issued text of the following judgement on April 9:
1. I delivered the principal judgment in this case on 25 March 2025: Crosato v Pro Evolution Sports Pty Limited [2025] NSWSC 261. Definitions in the principal judgment are used here.
2. All that remains to be determined is costs. I have received written submissions from both active parties and the Valuer.
3. Ultimately, the only question in the case was whether the Valuer's determination was in accordance with the Lease. The plaintiff contended that it was and the defendants that it was not. The defendants prevailed.
4. Three things are clear:
1) the Determination was not in accordance with the Lease;
2) it did not and cou...