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Handshake Deal Turns into Million-Dollar Court Battle
Published 5 days, 13 hours ago
Description
A Sydney mans handshake deal with a deceased friend, promising him the entire estate in exchange for care, lands in court. The friend, who retired early and delayed a move, testifies to his long-term support. The case hinges on proprietary estoppel, a legal principle thats tough to prove. The outcome serves as a stark reminder of the risks of informal agreements involving significant assets.
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