Benjamin Developments Ltd v Robt Jones (Pacific) Ltd

Benjamin Developments Ltd v Robt Jones (Pacific) Ltd [1994] 3 NZLR 189 is a cited case in New Zealand regarding the interpretation of express terms of a contract.

In 1988 Robert Jones (Pacific) Ltd agreed to purchase a building being constructed by Benjamin Developments (a subsidiary of McConnell Dowell Corporation).

In the aftermath of the stock market crash, Benjamin Developments struggled to find tenants for the building.

Faced with the option of having to sell the property to an underwriter for a significant amount less than RJP had agreed to pay, they decided to offer significant cash incentives to attract tenants to the building, about $60 million worth in total.

Hardie-Boys stated "Where however the contractual intention is clear from the words used then the court must give effect to it.