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By: Series: Estates Gazette ; (0405) 31 January 20 04, 145(1)Publication details: 2004Subject(s): Summary: Discusses a recent case "Tennaro Ltd v Majorarch Ltd" ([2003] EWHC 2601 (Ch), [2003] 47 EG 154 (CS)) which raises a number of issues concerning a contract of sale. Concludes that where a seller could have proceeded with the agreed sale or with a resale without incurring losses, a case can be made for the return of the deposit.

Discusses a recent case "Tennaro Ltd v Majorarch Ltd" ([2003] EWHC 2601 (Ch), [2003] 47 EG 154 (CS)) which raises a number of issues concerning a contract of sale. Concludes that where a seller could have proceeded with the agreed sale or with a resale without incurring losses, a case can be made for the return of the deposit.