Gazumpers out of court
Gazumpers out of court
- 1993
- Independent 24 July 1993, 20 Daily Telegraph 28 July 1993, 7 Financial Times 29 July 1993, 6(2) .
Discusses the test case "Pitt v PHH Asset Management" upholding the purchasers argument that a sales agreement was a valid lock-out agreement (See WB2927-44). Seen as an important step in the movement to discourage gazumping.
BREACH OF CONTRACT
GAZUMPING
LOCK-OUT AGREEMENTS
PROPERTY SALES
SALE AGREEMENT
VENDOR AND PURCHASER
Discusses the test case "Pitt v PHH Asset Management" upholding the purchasers argument that a sales agreement was a valid lock-out agreement (See WB2927-44). Seen as an important step in the movement to discourage gazumping.
BREACH OF CONTRACT
GAZUMPING
LOCK-OUT AGREEMENTS
PROPERTY SALES
SALE AGREEMENT
VENDOR AND PURCHASER