Latest news and views tagged repudiation
RSS
De Beers, the diamond supplier, had entered into a joint sales agreement with the Botswana Government, and to better perform its obligations under that agreement, De Beers wanted a software system that...
Guidance on test for repudiatory breach – Eminence Property Developments Limited v Heaney, Court of Appeal
The Court of Appeal has given a clear statement of guidance on the test for repudiatory breach, following years of differing legal cases in relation to this issue.
Eminence Property Investments Limited...
Court of Appeal sets out guidance for how long to wait when terminating a contract for other party’s repudiatory breach – Force India v Etihad, Court of Appeal
Etihad Airways – the Abu Dhabi airline – was a sponsor of the Force India Formula One racing team when the team had been called Stryker. The team had a further investor which owned the Kingfisher beer...
Not renegotiating a bad bargain did not constitute breach of duty of good faith – Gold Group Properties v BDW, High Court
Gold had entered into an agreement with BDW (formerly Barratt Homes) to build some properties on Gold’s land. BDW would pay minimum fee per property and the parties would share revenue. The contract...
Court fails to make time of the essence because contract provided alternative remedies for lateness – Dominion v Debenhams, High Court
Dominion owned the leasehold to a shopping centre and they had an agreement with Debenhams under which Dominion would pay the retailer certain sums of money. Dominion was late in paying the second instalment....
Getting termination notice wrong meant innocent party could not claim for its US$15m losses – Shell v Dana Gas, High Court
S and D entered into an agreement. Clause 3.1.8 said that if the closing date had not occurred within nine months, then S could terminate the contract by 30 days’ notice, but S would not get back its...