Railtrack plc (in administration) and another v Guinness Ltd

Railtrack plc (in administration) and another v Guinness Ltd - 2003 - Estates Gazette Case Summaries [2003] 09 EG 197 (CS) .

[2003] EWCA Civ 188, 20 February 2003. Appeal by the claimants Railtrack plc (R) from a LT decision (Con/153/2000, 23 July 2001) that the respondent (G) should pay £5m for the air rights necessary to allow it to build a road across railway lines owned by R, so that G could provide access to a development at Park Royal on land it owned in West London. "Held", the appeal was dismissed. View judgment at www.courtservice.gov.uk.


RAILTRACK PLC AND ANOTHER V GUINNESS LTD
LANDS TRIBUNAL
RAILWAY LINES
RESIDUAL VALUATION
LAND COMPENSATION ACT 1961 S5(2)
AIR RIGHTS
CIVIL PROCEDURE RULES 1998
LANDS TRIBUNAL ACT 1949
WILLING SELLER
OPEN MARKET VALUE