Image from Google Jackets

Associated agreements need clarity

By: Language: English Series: Property Week ; 75(39) 25 September 2009, 86-87(2)Publication details: 2009Subject(s): Summary: HC had to determine in Mount Anvil Group and others v Volans Management and Lupus Associates, HC, 30 July 2009, whether a contract to purchase commercial property in London had ended because of the termination of associated agreements. M had three agreements with V for one transaction but rescinded one agreement when L failed to make a payment. Held: M had rescinded all three agreements having rescinded one agreement with L.

HC had to determine in Mount Anvil Group and others v Volans Management and Lupus Associates, HC, 30 July 2009, whether a contract to purchase commercial property in London had ended because of the termination of associated agreements. M had three agreements with V for one transaction but rescinded one agreement when L failed to make a payment. Held: M had rescinded all three agreements having rescinded one agreement with L.