Gulf Harbour Investments Limited v Gulf Corporation Limited & Auckland Property Group Limited - SC 35/2005

Civil appeal - whether the Court of Appeal erred in finding that there had been no valid exercise of an option requiring the transfer of certain land - whether the Court should have departed from the approach in Reporoa Stores Ltd v Treloar and adopted the test of whether a reasonable person would have fairly understood the option to have been exercised. CA 145/04 25 May 2005