Dominion Corporate Trustees Ltd; Dominion Trust Ltd; Fareham Trustees No. 1 Ltd and Fareham Trustees v Debenhams Properties Ltd [electronic resource]
Language: English Publication details: 2010Subject(s): Online resources: Summary: [2010] EWHC 1193 (Ch), 27 May 2010. Courts will take a commonsense approach to interpreting contracts so that words are given a meaning that makes good commercial sense. Claimants DF agreed to lease units to Defendant DP in 2007. DF was two days late in paying DP its second premium tranche. DP contended that it was entitled to terminate its agreement with DF for any breach minor or major citing clause 19 as grounds for cancelling the entire agreement. DF sought to terminate the agreement following DP's contention and its refusal to proceed with the agreement. "Held": court found against DP. DP was in fundamental breach and was liable for damages based on the losses suffered by DF.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 154619-2001 |
[2010] EWHC 1193 (Ch), 27 May 2010. Courts will take a commonsense approach to interpreting contracts so that words are given a meaning that makes good commercial sense. Claimants DF agreed to lease units to Defendant DP in 2007. DF was two days late in paying DP its second premium tranche. DP contended that it was entitled to terminate its agreement with DF for any breach minor or major citing clause 19 as grounds for cancelling the entire agreement. DF sought to terminate the agreement following DP's contention and its refusal to proceed with the agreement. "Held": court found against DP. DP was in fundamental breach and was liable for damages based on the losses suffered by DF.