Hooker Corporation Ltd v Darling Harbour Authority Harrah's v Darling Harbour Authority Darling Harbour Authority v Hooker Corporation Ltd (No 2)

The parties involved were Hooker Corporation Ltd, Harrah's, and the Darling Harbour Authority. The dispute concerned the interpretation and enforceability of a development agreement and related leases concerning land at Darling Harbour, Sydney. The case was heard by the New South Wales Court of Appeal.

The primary legal issues before the court were whether the Darling Harbour Authority had validly exercised its power to terminate the development agreement and leases, and whether Hooker Corporation and Harrah's were entitled to damages for breach of contract. The court also considered the proper measure of damages in the event of a breach.

The Court of Appeal found that the Darling Harbour Authority had not validly exercised its power to terminate the agreement and leases. The court held that the Authority had failed to comply with the procedural requirements stipulated in the agreement for termination. Consequently, the Authority was found to be in breach of contract. The court further determined that Hooker Corporation and Harrah's were entitled to damages, and it outlined the principles for assessing those damages, focusing on the loss of the bargain.