Developer ordered to pay legal costs after losing bid to tear up contracts

PHOTO: The Harmony development in Surry Hills.

A developer who failed in a court action to wrest apartments back from off-the-plan buyers so they could be resold at higher prices has had indemnity costs for the landmark case awarded against him.

In a final blow to the builder-developer who finished the quarter-built boutique project in Surry Hills, and then lost a bid to cancel sales to 12 buyers, the NSW Supreme Court has now awarded all costs against him.

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