Johnson and another v Davies and another
Language: English Series: Estates Gazette Law Reports ; [1998] 49 EG 153-160(8)Publication details: 1998Subject(s): Summary: CA 18 March 1998. Appeal bought by the defendants D, against the decision that they were obligated to indemnify the plaintiffs. J were principal shareholders in a company before selling out to D and Mr Hopkins H. Subsequently the company was placed in receivership, and J satisfied the landlords claims, but sought reimbursement from D on the basis of a share sale agreement. The defendants contended that they were released from their obligation to indemnify due to a voluntary arrangement entered into by H which J voted in favour of. The judge ruled that the words used in the voluntary agreement were inconsistant with the intention to release the defendants from their liability as co-debtors. Held, appe£al dismissed.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | London Journal article | ABS59831 (Browse shelf(Opens below)) | 1 | Available | 90446-1001 |
CA 18 March 1998. Appeal bought by the defendants D, against the decision that they were obligated to indemnify the plaintiffs. J were principal shareholders in a company before selling out to D and Mr Hopkins H. Subsequently the company was placed in receivership, and J satisfied the landlords claims, but sought reimbursement from D on the basis of a share sale agreement. The defendants contended that they were released from their obligation to indemnify due to a voluntary arrangement entered into by H which J voted in favour of. The judge ruled that the words used in the voluntary agreement were inconsistant with the intention to release the defendants from their liability as co-debtors. Held, appe£al dismissed.