Australia, June 16 -- New South Wales Land and Environment Court issued text of the following judgement May 16:
1. On 2 July 2015, Nikolce (Nick) and Lena Kolevski (the first and second plaintiffs) exchanged standard form contracts for the sale of two residential properties in New South Wales with Timber Creek Holdings Pty Ltd (Timber Creek, the defendant). Nick and Lena were the vendors. Timber Creek was the purchaser. One of the properties was the Kolevskis' family home in Shell Cove. The other was a home in Port Kembla occupied by Lena's elderly parents. Timber Creek was a company associated with the Kolevskis' friend, Ken Stevens. I will adopt the naming convention used by the parties and refer to Mr Stevens and the members of the Kole...