Australia, June 30 -- New South Wales Land and Environment Court issued text of the following judgement on May 29:
1. I gave judgment in this matter on 8 April 2025. [1] I shall use the same abbreviations here.
2. Lendlease sought to enforce the rights it asserted it had under the Deed in relation to the Balance Land and sought declarations as to those rights. It also sought consequential orders, including damages.
3. Lendlease's case was run on the unstated, but obvious, assumption that the Deed was an enforceable contract.
4. I have found that, on the proper construction of the Deed, and in the events that have happened, Lendlease does not have the rights for which it contended and is not entitled to the relief it sought.
5. Understa...