Double saleContractual damagesRefundBreach of contract
Tags
Contract LawDouble SaleDamagesBanking
legislation
Statutes Cited
None identified
ai analysis
Case Summary
Key Issues
{"issue_text":"Whether the agreement between the parties is legally enforceable and has been breached by the defendant","issue_type":"mixed","dispositive":"no","related_facts":"Double sale of property, cancellation of agreement"}
{"issue_text":"Whether the defendant is liable to the plaintiff in contractual damages","issue_type":"law","dispositive":"yes","related_facts":"Breach of contract, tender of refund, impossibility of specific performance"}
{"issue_text":"What is the quantum of damages payable to the plaintiff","issue_type":"mixed","dispositive":"yes","related_facts":"Amount of refund tendered, property valuations, currency devaluation"}
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background
Facts of the Case
Background
The defendant bank sold the same property twice - first to POSB in June 2006, then to the plaintiff in July 2006. Upon discovering the error, the defendant cancelled the plaintiff's sale and offered a refund with interest, which the plaintiff rejected. The plaintiff sought specific performance which was dismissed, then claimed US$50,000 in damages.
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