Edwin Hill and Partners v First National Finance Corporation
Language: English Series: New Law Journal ; 138(6374) 16 September 1988, 268-269(2)Publication details: 1988Subject(s): Summary: CA 22 July 1988. A claim for damages by the plaintiffs (E), against the defendants (N), for wrongful interference with their contract. Briefly, E were appointed as architects by a solicitor and property developer who was financed by N to purchase a property for development. Shortly after the purchase, the market collapsed and Office Development Permit s were introduced by the Government - this made it impossible for the developer to go ahead with his plans, and the interest charges on the loan made by N grew. In 1979, the market had improved, but the loan repayments had risen considerably. The developer could not proceed without further capital and N were reluctant to provide more money, so N chose instead to finance the construction themselves, and insisted that the developer who had no alternative, should dismiss E. E brought their claim against N. The judge held that four of five elements of the tort for interference were proved, but he held that E had failed to prove that N`s con| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | London Journal article | ABS39738 (Browse shelf(Opens below)) | 1 | Available | 18700-1001 |
CA 22 July 1988. A claim for damages by the plaintiffs (E), against the defendants (N), for wrongful interference with their contract. Briefly, E were appointed as architects by a solicitor and property developer who was financed by N to purchase a property for development. Shortly after the purchase, the market collapsed and Office Development Permit s were introduced by the Government - this made it impossible for the developer to go ahead with his plans, and the interest charges on the loan made by N grew. In 1979, the market had improved, but the loan repayments had risen considerably. The developer could not proceed without further capital and N were reluctant to provide more money, so N chose instead to finance the construction themselves, and insisted that the developer who had no alternative, should dismiss E. E brought their claim against N. The judge held that four of five elements of the tort for interference were proved, but he held that E had failed to prove that N`s con