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Courts clarify law on anticipatory breachThere are times when one party to a contract will know that the other has no intention of performing, even though the time for performance has yet to expire. The courts have again recently confirmed ... Read more |
High Court finds that ‘subject to contract’ banner does not necessarily prevent parties being boundIN JIREHOUSE CAPITAL & ORS v BELLER & anor [2009] the parties were conducting settlement negotiations and although they had not expressly lifted the ‘subject to contract’ banner (in fact both sides used it fastidiously ... Read more |
Understanding repudiatory breachThe basic principles of repudiatory breach are commonly misunderstood both in terms of the nature of this type of breach and its effect. Definitions of the term often refer to ‘immediate’ or ‘automatic’ termination. For ... Read more |
Eyes wide shut? Inadmissibility of pre-contractual negotiationsParties faced with an ambiguous contractual term, or indeed parties faced with what seems to be an unambiguous term not to their liking, often seek to rely on evidence of the factual background to support ... Read more |
Waiving the right to reject: affirmation/estoppel by conductIn Westbrook Resources Ltd v Globe Metallurgical Inc[2009] the seller, Westbrook Resources Ltd, entered into a contract for the sale to the buyer, Globe Metallurgical Inc, of 30,000 tonnes of manganese ore. The first shipment ... Read more |
Will an exemption clause cover deliberately wrongful termination?The Internet Broadcasting Corporation Ltd (NETTV) is in the business of constructing and providing interactive internet television platforms. The now defunct MAR LLC (MAR) provided information and services to hedge funds, and organised conferences for ... Read more |
Implications of contractual termination clauses on common law rightsContracts can be terminated both at common law and in reliance on specific contractual provisions. If a breach of contract deprives the innocent party of substantially the whole benefit of the contract (see Hong Kong ... Read more |
Choice of law when none is chosen: the Rome I RegulationThe choice of governing law is often an issue for contracting parties who are either domiciled in different jurisdictions or where the performance of the contract is multi-jurisdictional.Rome I RegulationThe Rome I Regulation (Rome I) ... Read more |
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